$2,969 Closing Credit*
$250,000
1,704 SqFt
3 Beds
•1 Full Bath
Vicki M Roark-Eshelman, Listing Office: Iron Valley Real Estate of Lancaster
Is 17540, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 17540 has remained a Seller's Market.
Key Takeaway
17540 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17540, PA
How much do homes in 17540, PA cost?
Median Sold Price
$332,500
$205/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$23,500(-6.6%)
Key Takeaway
Homes in 17540 have sold for 6.6% less than they did a month ago.
Summary: The median home sold price in 17540 was $332,500 in December 2024, down 6.6% from last month, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $231K | -23.0% |
| 3 Bedrooms | $356K | $470K | +32.0% |
| 4 Bedrooms | $770K | $332.5K | -56.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 17540 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23%, 3 bedroom homes increased by 32%, 4 bedroom homes decreased by 56.8%, and 5+ bedroom homes did not change.
Housing Supply in 17540, PA
How many homes are available in 17540, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The 17540 real estate market had 9 homes for sale in December 2024, a 10.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 17540 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 17540, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 17540 in December 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 17540, PA
How long does it take to sell a home in 17540, PA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 Days | 30 Days | +167.4% |
Summary: Homes in 17540 had an average of 30 days on market in Dec 2024, up by 167.4% compared to last month.
Breakdown of Home Sale Times
3 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 17540 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in 17540; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
