Is 17401, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17401 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 17401 has remained a Seller's Market.

Key Takeaway

17401 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17401, PA

How much do homes in 17401, PA cost?

Median Sold Price

$129,900

$78/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,900(+16.0%)

Key Takeaway

Homes in 17401 have sold for 16% more than they did a year ago.

Summary: The median home sold price in 17401 was $129,900 in November 2024, up 16% from last year, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$104.4K
N/A
2 $127K$82.5K
-35.0%
3 $96.9K$123K
+26.9%
4 $111.2K$140K
+25.8%
5+ $119.9K$130K
+8.4%

Summary: 17401 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes increased by 8.4%.

Median Sold Price Compared To Nearby Zip Codes

17401
+16.0%
17403
+6.7%
17404
+4.8%
17402
0%

Housing Supply in 17401, PA

How many homes are available in 17401, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5946-22.0%

Summary: The 17401 real estate market had 46 homes for sale in November 2024, a 22.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 24
+100.0%
3 1613
-18.8%
4 2113
-38.1%
5+ 1916
-15.8%

Summary: The 17401 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 38.1%, and 5+ bedroom homes decreased by 15.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2318-21.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17401, expect to pay close to the asking price. 38.9% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in 17401 in November 2024, down by 21.7% month-over-month. Of the 18 sold homes, 33% were sold under asking, 39% were sold at asking, and 28% were sold over asking.

Days on Market for 17401, PA

How long does it take to sell a home in 17401, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days27 Days-21.6%

Summary: Homes in 17401 had an average of 27 days on market in Nov 2024, down by 21.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17401 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 18 homes were sold in 17401; 61% of homes were sold within 30 days, 33% 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 21 Days Ago

Newest Listings in 17401, PA

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