Is 17043, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17043 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17043 has remained a Seller's Market.

Key Takeaway

17043 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17043, PA

How much do homes in 17043, PA cost?

Median Sold Price

$239,500

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,500(+11.4%)

Key Takeaway

Homes in 17043 have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in 17043 was $239,500 in October 2024, up 11.4% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $81.5K-
N/A
2 $165K$198K
+20.0%
3 $210K$230.5K
+9.8%
4 $263.7K$331K
+25.5%
5+ $560K$605K
+8.0%

Summary: 17043 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Zip Codes

17104
+15.4%
17102
+14.7%
17043
+11.4%
17011
+6.3%

Housing Supply in 17043, PA

How many homes are available in 17043, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
21210.0%

Summary: The 17043 real estate market had 21 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 99
0.0%
4 98
-11.1%
5+ 12
+100.0%

Summary: The 17043 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17043, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 17043 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for 17043, PA

How long does it take to sell a home in 17043, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days31 Days+278.0%

Summary: Homes in 17043 had an average of 31 days on market in Oct 2024, up by 278% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17043 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 17043; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in 17043, PA

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