Is 17315, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17315 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17315 has remained a Seller's Market.

Key Takeaway

17315 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17315, PA

How much do homes in 17315, PA cost?

Median Sold Price

$275,250

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,250(+5.9%)

Key Takeaway

Homes in 17315 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 17315 was $275,250 in October 2024, up 5.9% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $162K-
N/A
2 $205.2K$221K
+7.7%
3 $250K$270K
+8.0%
4 $341K$360K
+5.6%
5+ $454K$394.9K
-13.0%

Summary: 17315 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 7.7%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 13%.

Median Sold Price Compared To Nearby Zip Codes

17315
+5.9%
17404
+2.4%
17408
+2.0%

Housing Supply in 17315, PA

How many homes are available in 17315, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10895-12.0%

Summary: The 17315 real estate market had 95 homes for sale in October 2024, a 12.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1517
+13.3%
3 6648
-27.3%
4 2527
+8.0%
5+ 23
+50.0%

Summary: The 17315 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 13.3%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3132+3.2%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17315, 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 17315 in October 2024, up by 3.2% month-over-month. Of the 32 sold homes, 25% were sold under asking, 41% were sold at asking, and 34% were sold over asking.

Days on Market for 17315, PA

How long does it take to sell a home in 17315, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
55 Days12 Days-77.8%

Summary: Homes in 17315 had an average of 12 days on market in Oct 2024, down by 77.8% compared to last year.

Breakdown of Home Sale Times

28 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 17315 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 32 homes were sold in 17315; 88% of homes were sold within 30 days, 13% 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 20 Days Ago

Newest Listings in 17315, PA

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