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 4 Days Ago

Newest Listings in 17356, PA

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