Is 17404, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17404 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17404 has remained a Seller's Market.

Key Takeaway

17404 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17404, PA

How much do homes in 17404, PA cost?

Median Sold Price

$215,071

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,071(+2.4%)

Key Takeaway

Homes in 17404 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 17404 was $215,071 in October 2024, up 2.4% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$144.9K
N/A
2 $166.5K$170K
+2.1%
3 $205.2K$215K
+4.8%
4 $354.9K$375.5K
+5.8%
5+ $182.5K$185K
+1.4%

Summary: 17404 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 2.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Zip Codes

17401
+15.8%
17315
+5.9%
17406
+4.0%
17404
+2.4%
17408
+2.0%

Housing Supply in 17404, PA

How many homes are available in 17404, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
155144-7.1%

Summary: The 17404 real estate market had 144 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1920
+5.3%
3 6959
-14.5%
4 4745
-4.3%
5+ 2020
0.0%

Summary: The 17404 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 5.3%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5438-29.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17404, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 17404 in October 2024, down by 29.6% month-over-month. Of the 38 sold homes, 37% were sold under asking, 32% were sold at asking, and 32% were sold over asking.

Days on Market for 17404, PA

How long does it take to sell a home in 17404, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days18 Days+10.4%

Summary: Homes in 17404 had an average of 18 days on market in Oct 2024, up by 10.4% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17404 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 38 homes were sold in 17404; 84% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 3% 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 17404, PA

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