Is 17104, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17104 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 17104 has remained a Seller's Market.

Key Takeaway

17104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17104, PA

How much do homes in 17104, PA cost?

Median Sold Price

$126,950

$90/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,950(+15.4%)

Key Takeaway

Homes in 17104 have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in 17104 was $126,950 in November 2024, up 15.4% from last year, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $42K-
N/A
2 $115K$130.5K
+13.5%
3 $110K$128K
+16.4%
4 $144K$124.5K
-13.5%
5+ $93K$112.5K
+20.9%

Summary: 17104 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes increased by 20.9%.

Median Sold Price Compared To Nearby Zip Codes

17103
+40.1%
17104
+15.4%

Housing Supply in 17104, PA

How many homes are available in 17104, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5244-15.4%

Summary: The 17104 real estate market had 44 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 2925
-13.8%
4 99
0.0%
5+ 97
-22.2%

Summary: The 17104 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 40%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17104, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 17104 in November 2024, down by 8.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.

Days on Market for 17104, PA

How long does it take to sell a home in 17104, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days25 Days+38.6%

Summary: Homes in 17104 had an average of 25 days on market in Nov 2024, up by 38.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17104 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in 17104; 64% of homes were sold within 30 days, 36% 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 21 Days Ago

Newest Listings in 17104, PA

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