Is 17557, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17557 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 17557 has remained a Seller's Market.

Key Takeaway

17557 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17557, PA

How much do homes in 17557, PA cost?

Median Sold Price

$350,150

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,150(+1.5%)

Key Takeaway

Homes in 17557 have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in 17557 was $350,150 in November 2024, up 1.5% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $180K-
N/A
2 $208K$229K
+10.1%
3 $337.5K$350K
+3.7%
4 $412.5K$438K
+6.2%
5+ $625K$428.7K
-31.4%

Summary: 17557 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 10.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 31.4%.

Housing Supply in 17557, PA

How many homes are available in 17557, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2821-25.0%

Summary: The 17557 real estate market had 21 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1412
-14.3%
4 75
-28.6%
5+ 32
-33.3%

Summary: The 17557 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 decreased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17557, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 17557 in November 2024, the same as the previous month. Of the 11 sold homes, 9% were sold under asking, 27% were sold at asking, and 64% were sold over asking.

Days on Market for 17557, PA

How long does it take to sell a home in 17557, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days29 Days+70.0%

Summary: Homes in 17557 had an average of 29 days on market in Nov 2024, up by 70% compared to last year.

Breakdown of Home Sale Times

5 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

Avg time on Rocket Homes in 17557 has remained consistent over time.

Summary: During November 2024, 11 homes were sold in 17557; 45% of homes were sold within 30 days, 55% 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 26 Days Ago

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