Is 17268, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17268 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 17268 has remained a Seller's Market.

Key Takeaway

17268 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17268, PA

How much do homes in 17268, PA cost?

Median Sold Price

$275,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$28,950(+11.8%)

Key Takeaway

Homes in 17268 have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in 17268 was $275,000 in December 2024, up 11.8% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $103K$59.3K
-42.4%
2 $200.3K$199.5K
-0.4%
3 $238K$270K
+13.4%
4 $309.9K$352.5K
+13.7%
5+ $412.5K$437.4K
+6.0%

Summary: 17268 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.4%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 6%.

Housing Supply in 17268, PA

How many homes are available in 17268, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
93110+18.3%

Summary: The 17268 real estate market had 110 homes for sale in December 2024, a 18.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1210
-16.7%
3 5468
+25.9%
4 2429
+20.8%
5+ 33
0.0%

Summary: The 17268 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1523+53.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17268, you may be able to get a good deal. 34.8% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 17268 in December 2024, up by 53.3% month-over-month. Of the 23 sold homes, 35% were sold under asking, 35% were sold at asking, and 30% were sold over asking.

Days on Market for 17268, PA

How long does it take to sell a home in 17268, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
49 Days28 Days-41.3%

Summary: Homes in 17268 had an average of 28 days on market in Dec 2024, down by 41.3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17268 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 23 homes were sold in 17268; 65% of homes were sold within 30 days, 22% 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 4 Days Ago

Newest Listings in 17268, PA

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