$9,321 Closing Credit*
$784,900
2,976 SqFt
4 Beds
•3 Full Baths
ELIZABETH KNOUSE FOOTE, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is 17050, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 17050 has remained a Seller's Market.
Key Takeaway
17050 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17050, PA
How much do homes in 17050, PA cost?
Median Sold Price
$404,875
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,708(+5.4%)
Key Takeaway
Homes in 17050 have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in 17050 was $404,875 in October 2024, up 5.4% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $155K | 0.0% |
| 2 Bedrooms | $258K | $277.5K | +7.6% |
| 3 Bedrooms | $325K | $350K | +7.7% |
| 4 Bedrooms | $513K | $530K | +3.3% |
| 5+ Bedrooms | $650K | $680K | +4.6% |
Summary: 17050 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 7.6%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 4.6%.
Housing Supply in 17050, PA
How many homes are available in 17050, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 139 | 141 | +1.4% |
Summary: The 17050 real estate market had 141 homes for sale in October 2024, a 1.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 55 | 65 | +18.2% |
| 4 Bedrooms | 47 | 42 | -10.6% |
| 5+ Bedrooms | 21 | 16 | -23.8% |
Summary: The 17050 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 increased by 12.5%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes decreased by 23.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17050, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.
Summary: A total of 38 homes were sold or pending in 17050 in October 2024, up by 8.6% month-over-month. Of the 38 sold homes, 32% were sold under asking, 21% were sold at asking, and 47% were sold over asking.
Days on Market for 17050, PA
How long does it take to sell a home in 17050, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 11 Days | -27.7% |
Summary: Homes in 17050 had an average of 11 days on market in Oct 2024, down by 27.7% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17050 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 38 homes were sold in 17050; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
