Is 17362, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17362 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 17362 has remained a Seller's Market.

Key Takeaway

17362 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17362, PA

How much do homes in 17362, PA cost?

Median Sold Price

$314,995

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,995(+5.0%)

Key Takeaway

Homes in 17362 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 17362 was $314,995 in November 2024, up 5% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $219.9K$160K
-27.2%
2 $245K$248.9K
+1.6%
3 $265K$270K
+1.9%
4 $358.4K$346.3K
-3.4%
5+ $410K$439K
+7.1%

Summary: 17362 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.2%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 7.1%.

Median Sold Price Compared To Nearby Zip Codes

17362
+5.0%
17331
+3.8%
17360
-12.3%

Housing Supply in 17362, PA

How many homes are available in 17362, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4245+7.1%

Summary: The 17362 real estate market had 45 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 2021
+5.0%
4 1415
+7.1%
5+ 36
+100.0%

Summary: The 17362 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 decreased by 40%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17362, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 17362 in November 2024, the same as the previous month. Of the 11 sold homes, 27% were sold under asking, 36% were sold at asking, and 36% were sold over asking.

Days on Market for 17362, PA

How long does it take to sell a home in 17362, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days15 Days-59.6%

Summary: Homes in 17362 had an average of 15 days on market in Nov 2024, down by 59.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17362 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in 17362; 91% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% 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 17 Days Ago

Newest Listings in 17362, PA

Nearby Markets to 17362, PA