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 December 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

$272,821

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$19,883(+7.9%)

Key Takeaway

Homes in 17356 have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in 17356 was $272,821 in December 2024, up 7.9% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $45K$45K
0.0%
2 $247.5K$243.5K
-1.6%
3 $225K$275.9K
+22.6%
4 $280K$337.5K
+20.5%
5+ $319.9K$277.5K
-13.3%

Summary: 17356 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 22.6%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 13.3%.

Median Sold Price Compared To Nearby Zip Codes

17366
+14.6%
17313
+8.6%
17356
+7.9%
17402
+3.4%
17322
-1.7%

Housing Supply in 17356, PA

How many homes are available in 17356, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6351-19.0%

Summary: The 17356 real estate market had 51 homes for sale in December 2024, a 19.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 3121
-32.3%
4 2320
-13.0%
5+ 13
+200.0%

Summary: The 17356 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 32.3%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2321-8.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer38%33%29%

Key Takeaway

If you're buying a home in 17356, you could pay more than the asking price. 38.1% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in 17356 in December 2024, down by 8.7% month-over-month. Of the 21 sold homes, 29% were sold under asking, 33% were sold at asking, and 38% 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

Dec 2023Dec 2024CHANGE
49 Days39 Days-19.8%

Summary: Homes in 17356 had an average of 39 days on market in Dec 2024, down by 19.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times48%43%10%

Key Takeaway

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

Summary: During December 2024, 21 homes were sold in 17356; 48% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 10% 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 11 Days Ago

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