Is 17098, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17098 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 17098 was a Seller's Market.

Key Takeaway

17098 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 17098, PA

How much do homes in 17098, PA cost?

Median Sold Price

$145,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,000(+6.6%)

Key Takeaway

Homes in 17098 have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in 17098 was $145,000 in October 2024, up 6.6% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$220K
N/A
2 $135K-
N/A
3 $122.7K$147.2K
+20.0%
4 $150K$144K
-4.0%
5+ --
N/A

Summary: 17098 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 did not change, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

17980
+31.2%
17098
+6.6%

Housing Supply in 17098, PA

How many homes are available in 17098, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
18180.0%

Summary: The 17098 real estate market had 18 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1110
-9.1%
4 54
-20.0%
5+ 12
+100.0%

Summary: The 17098 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 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17098, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 17098 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 17098, PA

How long does it take to sell a home in 17098, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days19 Days-71.5%

Summary: Homes in 17098 had an average of 19 days on market in Oct 2024, down by 71.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17098 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 17098; 100% of homes were sold within 30 days, 0% 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 24 Days Ago

Newest Listings in 17098, PA

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