Is 17701, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17701 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 17701 has remained a Seller's Market.

Key Takeaway

17701 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17701, PA

How much do homes in 17701, PA cost?

Median Sold Price

$160,000

$150/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$40,500(-20.2%)

Key Takeaway

Homes in 17701 have sold for 20.2% less than they did a month ago.

Summary: The median home sold price in 17701 was $160,000 in December 2024, down 20.2% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $72.5K$160K
+120.7%
4 $295K-
N/A
5+ --
N/A

Summary: 17701 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 did not change, 3 bedroom homes increased by 120.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 17701, PA

How many homes are available in 17701, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
129109-15.5%

Summary: The 17701 real estate market had 109 homes for sale in December 2024, a 15.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 1012
+20.0%
3 7257
-20.8%
4 3734
-8.1%
5+ 84
-50.0%

Summary: The 17701 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 20%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2920-31.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17701, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 17701 in December 2024, down by 31.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 17701, PA

How long does it take to sell a home in 17701, PA?

Average Sale Time

Nov 2024Dec 2024CHANGE
45 Days11 Days-75.8%

Summary: Homes in 17701 had an average of 11 days on market in Dec 2024, down by 75.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17701 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 20 homes were sold in 17701; 5% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in 17701, PA

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