Is 17356, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17356 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17356 has remained a Seller's Market.

Key Takeaway

17356 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17356, PA

How much do homes in 17356, PA cost?

Median Sold Price

$269,997

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,229(+8.1%)

Key Takeaway

Homes in 17356 have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in 17356 was $269,997 in October 2024, up 8.1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $45K$45K
0.0%
2 $234.9K$250K
+6.4%
3 $235K$269.9K
+14.9%
4 $285K$338.7K
+18.9%
5+ $322.5K$272.4K
-15.5%

Summary: 17356 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 6.4%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes decreased by 15.5%.

Median Sold Price Compared To Nearby Zip Codes

17366
+17.6%
17313
+14.3%
17356
+8.1%
17402
+1.7%

Housing Supply in 17356, PA

How many homes are available in 17356, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7358-20.5%

Summary: The 17356 real estate market had 58 homes for sale in October 2024, a 20.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 4130
-26.8%
4 2218
-18.2%
5+ 34
+33.3%

Summary: The 17356 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 14.3%, 3 bedroom homes decreased by 26.8%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2317-26.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17356, you could pay more than the asking price. 58.8% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 17356 in October 2024, down by 26.1% month-over-month. Of the 17 sold homes, 6% were sold under asking, 35% were sold at asking, and 59% were sold over asking.

Days on Market for 17356, PA

How long does it take to sell a home in 17356, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days26 Days+36.8%

Summary: Homes in 17356 had an average of 26 days on market in Oct 2024, up by 36.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17356 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 17356; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% 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 21 Days Ago

Newest Listings in 17356, PA

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