$5,568 Closing Credit*
$468,900
2,221 SqFt
5 Beds
•2 Full Baths, 1 Partial
Sandra Leiby, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is 17316, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 17316 was a Seller's Market.
Key Takeaway
17316 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 17316, PA
How much do homes in 17316, PA cost?
Median Sold Price
$315,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,500(+9.6%)
Key Takeaway
Homes in 17316 have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in 17316 was $315,000 in November 2024, up 9.6% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | - | N/A |
| 2 Bedrooms | $185K | $257.4K | +39.1% |
| 3 Bedrooms | $285K | $307.4K | +7.9% |
| 4 Bedrooms | $325.3K | $385K | +18.4% |
| 5+ Bedrooms | $533.7K | $655K | +22.7% |
Summary: 17316 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 39.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 22.7%.
Median Sold Price Compared To Nearby Zip Codes
| 17316 | $287.5K | $315K | +9.6% |
| 17301 | $316.1K | $331.1K | +4.7% |
Housing Supply in 17316, PA
How many homes are available in 17316, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 28 | -3.4% |
Summary: The 17316 real estate market had 28 homes for sale in November 2024, a 3.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 17316 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 remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 17316, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 17316 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 17316, PA
How long does it take to sell a home in 17316, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 7 Days | -26.7% |
Summary: Homes in 17316 had an average of 7 days on market in Nov 2024, down by 26.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17316 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 17316; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
