Is 17368, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17368 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 17368 was a Seller's Market.

Key Takeaway

17368 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 17368, PA

How much do homes in 17368, PA cost?

Median Sold Price

$255,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,500(+12.1%)

Key Takeaway

Homes in 17368 have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in 17368 was $255,000 in October 2024, up 12.1% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $104.6K$108.7K
+4.0%
2 $191K$246.9K
+29.3%
3 $241.5K$250.5K
+3.7%
4 $230K$295.1K
+28.3%
5+ $179.9K$770K
+328.0%

Summary: 17368 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 29.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes increased by 328%.

Median Sold Price Compared To Nearby Zip Codes

17366
+17.6%
17368
+12.1%
17512
+1.1%

Housing Supply in 17368, PA

How many homes are available in 17368, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3437+8.8%

Summary: The 17368 real estate market had 37 homes for sale in October 2024, a 8.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 45
+25.0%
3 1215
+25.0%
4 1210
-16.7%
5+ 45
+25.0%

Summary: The 17368 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 increased by 25%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17368, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 17368 in October 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 17368, PA

How long does it take to sell a home in 17368, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days17 Days-14.1%

Summary: Homes in 17368 had an average of 17 days on market in Oct 2024, down by 14.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17368 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 17368; 83% of homes were sold within 30 days, 17% 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 20 Days Ago

Newest Listings in 17368, PA

Nearby Markets to 17368, PA