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 November 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

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$100(0%)

Key Takeaway

The sold price of homes in 17402 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $211.9K$219.9K
+3.8%
3 $262.2K$280K
+6.8%
4 $384K$377.4K
-1.7%
5+ $485K$519K
+7.0%

Summary: 17402 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 increased by 3.8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 7%.

Median Sold Price Compared To Nearby Zip Codes

17313
+8.7%
17403
+6.7%
17404
+4.8%
17406
+4.0%
17402
0%

Housing Supply in 17402, PA

How many homes are available in 17402, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10996-11.9%

Summary: The 17402 real estate market had 96 homes for sale in November 2024, a 11.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1318
+38.5%
3 4535
-22.2%
4 4235
-16.7%
5+ 98
-11.1%

Summary: The 17402 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 38.5%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3032+6.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17402, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.

Summary: A total of 32 homes were sold or pending in 17402 in November 2024, up by 6.7% month-over-month. Of the 32 sold homes, 28% were sold under asking, 44% were sold at asking, and 28% 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

Nov 2023Nov 2024CHANGE
15 Days15 Days+1.7%

Summary: Homes in 17402 had an average of 15 days on market in Nov 2024, up by 1.7% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

6 Homes Were 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 November 2024, 32 homes were sold in 17402; 81% of homes were sold within 30 days, 19% 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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