Is 17045, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17045 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17045 has remained a Seller's Market.

Key Takeaway

17045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17045, PA

How much do homes in 17045, PA cost?

Median Sold Price

$233,500

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$14,000(-5.7%)

Key Takeaway

Homes in 17045 have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in 17045 was $233,500 in October 2024, down 5.7% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $108.4K$191.5K
+76.6%
3 $263.2K$232.5K
-11.7%
4 $309.5K$270K
-12.8%
5+ $359.9K$249.9K
-30.6%

Summary: 17045 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 76.6%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 30.6%.

Median Sold Price Compared To Nearby Zip Codes

17061
+12.2%
17045
-5.7%

Housing Supply in 17045, PA

How many homes are available in 17045, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The 17045 real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 54
-20.0%
4 21
-50.0%
5+ 01
+100.0%

Summary: The 17045 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 decreased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17045, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 17045 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 17045, PA

How long does it take to sell a home in 17045, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days35 Days+407.1%

Summary: Homes in 17045 had an average of 35 days on market in Oct 2024, up by 407.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17045 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 17045; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 17045, PA

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