Is 17102, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17102 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17102 has remained a Seller's Market.

Key Takeaway

17102 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17102, PA

How much do homes in 17102, PA cost?

Median Sold Price

$199,900

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,650(+14.7%)

Key Takeaway

Homes in 17102 have sold for 14.7% more than they did a year ago.

Summary: The median home sold price in 17102 was $199,900 in October 2024, up 14.7% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $116.5K$160K
+37.3%
2 $179K$225K
+25.7%
3 $180K$201K
+11.7%
4 $174.2K$187.4K
+7.6%
5+ $125K$175.7K
+40.6%

Summary: 17102 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.3%, 2 bedroom homes increased by 25.7%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 40.6%.

Housing Supply in 17102, PA

How many homes are available in 17102, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4044+10.0%

Summary: The 17102 real estate market had 44 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 36
+100.0%
3 2120
-4.8%
4 1012
+20.0%
5+ 55
0.0%

Summary: The 17102 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 4.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
880.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17102, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 17102 in October 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for 17102, PA

How long does it take to sell a home in 17102, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days35 Days+178.1%

Summary: Homes in 17102 had an average of 35 days on market in Oct 2024, up by 178.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17102 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 17102; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in 17102, PA

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