$4,869 Closing Credit*
$409,990
1,890 SqFt
3 Beds
•2 Full Baths, 1 Partial
Melanie Ann Breuer, Listing Office: New Home Star Pennsylvania LLC
Is 17055, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 17055 has remained a Seller's Market.
Key Takeaway
17055 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17055, PA
How much do homes in 17055, PA cost?
Median Sold Price
$345,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,000(+7.1%)
Key Takeaway
Homes in 17055 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 17055 was $345,000 in November 2024, up 7.1% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133.9K | $140.2K | +4.7% |
| 2 Bedrooms | $211K | $230K | +9.0% |
| 3 Bedrooms | $302.1K | $325K | +7.5% |
| 4 Bedrooms | $430K | $487.5K | +13.4% |
| 5+ Bedrooms | $587.5K | $650K | +10.6% |
Summary: 17055 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 10.6%.
Housing Supply in 17055, PA
How many homes are available in 17055, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 172 | 150 | -12.8% |
Summary: The 17055 real estate market had 150 homes for sale in November 2024, a 12.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 18 | 15 | -16.7% |
| 3 Bedrooms | 78 | 67 | -14.1% |
| 4 Bedrooms | 64 | 57 | -10.9% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 17055 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 47 | -11.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17055, you could pay more than the asking price. 44.7% of homes here sold above asking price last month.
Summary: A total of 47 homes were sold or pending in 17055 in November 2024, down by 11.3% month-over-month. Of the 47 sold homes, 32% were sold under asking, 23% were sold at asking, and 45% were sold over asking.
Days on Market for 17055, PA
How long does it take to sell a home in 17055, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 27 Days | -32.1% |
Summary: Homes in 17055 had an average of 27 days on market in Nov 2024, down by 32.1% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17055 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 47 homes were sold in 17055; 72% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
