Is 17363, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17363 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 17363 has remained a Seller's Market.

Key Takeaway

17363 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17363, PA

How much do homes in 17363, PA cost?

Median Sold Price

$365,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$3,500(+1.0%)

Key Takeaway

Homes in 17363 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 17363 was $365,000 in December 2024, up 1% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $240K$217.5K
-9.4%
3 $364K$343.7K
-5.6%
4 $377.5K$404.8K
+7.3%
5+ $480K$523.3K
+9.0%

Summary: 17363 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 9.4%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Zip Codes

17349
+12.8%
17363
+1.0%
17322
-1.7%

Housing Supply in 17363, PA

How many homes are available in 17363, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3527-22.9%

Summary: The 17363 real estate market had 27 homes for sale in December 2024, a 22.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2316
-30.4%
4 87
-12.5%
5+ 33
0.0%

Summary: The 17363 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 remained the same, 3 bedroom homes decreased by 30.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17363, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 17363 in December 2024, down by 11.1% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.

Days on Market for 17363, PA

How long does it take to sell a home in 17363, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
23 Days25 Days+9.2%

Summary: Homes in 17363 had an average of 25 days on market in Dec 2024, up by 9.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17363 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in 17363; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in 17363, PA

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