Is 17202, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17202 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17202 has remained a Seller's Market.

Key Takeaway

17202 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17202, PA

How much do homes in 17202, PA cost?

Median Sold Price

$311,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,000(+4.7%)

Key Takeaway

Homes in 17202 have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in 17202 was $311,000 in October 2024, up 4.7% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $205K$219.5K
+7.1%
3 $269.9K$289.1K
+7.1%
4 $360K$369.9K
+2.8%
5+ $442.4K$491.6K
+11.1%

Summary: 17202 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 increased by 7.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Zip Codes

17202
+4.7%
17201
+3.0%

Housing Supply in 17202, PA

How many homes are available in 17202, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
130131+0.8%

Summary: The 17202 real estate market had 131 homes for sale in October 2024, a 0.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 6364
+1.6%
4 4548
+6.7%
5+ 108
-20.0%

Summary: The 17202 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 decreased by 8.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3332-3.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17202, expect to pay close to the asking price. 40.6% of homes here sold near the asking price last month.

Summary: A total of 32 homes were sold or pending in 17202 in October 2024, down by 3.0% month-over-month. Of the 32 sold homes, 34% were sold under asking, 41% were sold at asking, and 25% were sold over asking.

Days on Market for 17202, PA

How long does it take to sell a home in 17202, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days27 Days-19.6%

Summary: Homes in 17202 had an average of 27 days on market in Oct 2024, down by 19.6% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17202 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 32 homes were sold in 17202; 78% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 9% 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 14 Days Ago

Newest Listings in 17202, PA

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