Is 17340, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17340 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 17340 has remained a Seller's Market.

Key Takeaway

17340 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17340, PA

How much do homes in 17340, PA cost?

Median Sold Price

$300,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,000(+5.6%)

Key Takeaway

Homes in 17340 have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in 17340 was $300,000 in November 2024, up 5.6% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $265K$376.2K
+42.0%
3 $269.9K$280K
+3.7%
4 $311K$315K
+1.3%
5+ $525K$482.5K
-8.1%

Summary: 17340 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 42%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Zip Codes

17325
+11.9%
17340
+5.6%
17331
+3.8%

Housing Supply in 17340, PA

How many homes are available in 17340, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2936+24.1%

Summary: The 17340 real estate market had 36 homes for sale in November 2024, a 24.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 1416
+14.3%
4 810
+25.0%
5+ 24
+100.0%

Summary: The 17340 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 increased by 20%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17340, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 17340 in November 2024, up by 100.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 17340, PA

How long does it take to sell a home in 17340, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days42 Days+3.9%

Summary: Homes in 17340 had an average of 42 days on market in Nov 2024, up by 3.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17340 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 17340; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% 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 22 Days Ago

Newest Listings in 17340, PA

Nearby Markets to 17340, PA