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 4 Days Ago

Newest Listings in 17402, PA

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