Is 17402, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17402 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17402 has remained a Seller's Market.

Key Takeaway

17402 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17402, PA

How much do homes in 17402, PA cost?

Median Sold Price

$289,900

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,966(+1.7%)

Key Takeaway

Homes in 17402 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 17402 was $289,900 in October 2024, up 1.7% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $209.5K$212K
+1.2%
3 $260K$280K
+7.7%
4 $383K$366.5K
-4.3%
5+ $485K$509.7K
+5.1%

Summary: 17402 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Zip Codes

17313
+14.3%
17403
+6.8%
17406
+4.0%
17404
+2.4%
17402
+1.7%

Housing Supply in 17402, PA

How many homes are available in 17402, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
101106+5.0%

Summary: The 17402 real estate market had 106 homes for sale in October 2024, a 5.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1013
+30.0%
3 5042
-16.0%
4 3442
+23.5%
5+ 79
+28.6%

Summary: The 17402 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 30%, 3 bedroom homes decreased by 16%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3127-12.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17402, you could pay more than the asking price. 40.7% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 17402 in October 2024, down by 12.9% month-over-month. Of the 27 sold homes, 26% were sold under asking, 33% were sold at asking, and 41% were sold over asking.

Days on Market for 17402, PA

How long does it take to sell a home in 17402, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days12 Days-6.9%

Summary: Homes in 17402 had an average of 12 days on market in Oct 2024, down by 6.9% compared to last year.

Breakdown of Home Sale Times

26 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 17402 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 27 homes were sold in 17402; 96% of homes were sold within 30 days, 4% 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 21 Days Ago

Newest Listings in 17402, PA

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