$350,000
5.50 Acres
Land
C Martin Heaps, Listing Office: Howard Hanna Real Estate Services
Is 17407, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 17407 has remained a Seller's Market.
Key Takeaway
17407 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17407, PA
How much do homes in 17407, PA cost?
Median Sold Price
$310,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,000(+9.2%)
Key Takeaway
Homes in 17407 have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in 17407 was $310,000 in October 2024, up 9.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $212.4K | N/A |
| 3 Bedrooms | $284K | $297.5K | +4.8% |
| 4 Bedrooms | $271K | $402.5K | +48.5% |
| 5+ Bedrooms | $435K | $475K | +9.2% |
Summary: 17407 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 did not change, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 48.5%, and 5+ bedroom homes increased by 9.2%.
Median Sold Price Compared To Nearby Zip Codes
| 17407 | $284K | $310K | +9.2% |
| 17403 | $201.2K | $215K | +6.8% |
| 17360 | $365K | $316.7K | -13.2% |
Housing Supply in 17407, PA
How many homes are available in 17407, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The 17407 real estate market had 8 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 17407 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17407, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 17407 in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 17407, PA
How long does it take to sell a home in 17407, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 29 Days | +52.6% |
Summary: Homes in 17407 had an average of 29 days on market in Oct 2024, up by 52.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 17407 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 17407; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
