$2,797 Closing Credit*
$235,500
1,136 SqFt
2 Beds
•1 Full Bath, 1 Partial
JEFFERY MILLER, Listing Office: Coldwell Banker Realty
Is 17055, 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, 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
$344,933
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,250(+7.2%)
Key Takeaway
Homes in 17055 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 17055 was $344,933 in October 2024, up 7.2% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133.9K | $140.4K | +4.9% |
| 2 Bedrooms | $203.7K | $235K | +15.3% |
| 3 Bedrooms | $302.3K | $320K | +5.8% |
| 4 Bedrooms | $427.5K | $490K | +14.6% |
| 5+ Bedrooms | $587.5K | $629.9K | +7.2% |
Summary: 17055 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.9%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 7.2%.
Housing Supply in 17055, PA
How many homes are available in 17055, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 177 | 168 | -5.1% |
Summary: The 17055 real estate market had 168 homes for sale in October 2024, a 5.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 17 | 18 | +5.9% |
| 3 Bedrooms | 88 | 77 | -12.5% |
| 4 Bedrooms | 61 | 58 | -4.9% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 17055 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 48 | +23.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17055, you could pay more than the asking price. 39.6% of homes here sold above asking price last month.
Summary: A total of 48 homes were sold or pending in 17055 in October 2024, up by 23.1% month-over-month. Of the 48 sold homes, 29% were sold under asking, 31% were sold at asking, and 40% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 32 Days | +222.7% |
Summary: Homes in 17055 had an average of 32 days on market in Oct 2024, up by 222.7% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 48 homes were sold in 17055; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
