Is 17046, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17046 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17046 has remained a Seller's Market.

Key Takeaway

17046 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17046, PA

How much do homes in 17046, PA cost?

Median Sold Price

$190,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,000(+6.1%)

Key Takeaway

Homes in 17046 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 17046 was $190,000 in October 2024, up 6.1% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K$142.5K
+14.0%
2 $135K$161.5K
+19.6%
3 $180K$199K
+10.6%
4 $282.5K$200K
-29.2%
5+ $190K$195K
+2.6%

Summary: 17046 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Zip Codes

17038
+13.7%
17067
+12.7%
17042
+7.5%
17046
+6.1%
17026
-6.1%

Housing Supply in 17046, PA

How many homes are available in 17046, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9074-17.8%

Summary: The 17046 real estate market had 74 homes for sale in October 2024, a 17.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 20
-100.0%
2 1613
-18.8%
3 4339
-9.3%
4 2517
-32.0%
5+ 45
+25.0%

Summary: The 17046 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 32%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3518-48.6%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17046, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 17046 in October 2024, down by 48.6% month-over-month. Of the 18 sold homes, 50% were sold under asking, 39% were sold at asking, and 11% were sold over asking.

Days on Market for 17046, PA

How long does it take to sell a home in 17046, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days24 Days+42.5%

Summary: Homes in 17046 had an average of 24 days on market in Oct 2024, up by 42.5% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17046 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in 17046; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% 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 15 Days Ago

Newest Listings in 17046, PA

Nearby Markets to 17046, PA