Is 17851, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17851 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 17851 has remained a Seller's Market.

Key Takeaway

17851 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17851, PA

How much do homes in 17851, PA cost?

Median Sold Price

$65,500

$58/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,000(+44.0%)

Key Takeaway

Homes in 17851 have sold for 44% more than they did a year ago.

Summary: The median home sold price in 17851 was $65,500 in December 2024, up 44% from last year, and the median price per square foot was $58.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$32K
N/A
2 $30K$44K
+46.7%
3 $45K$65.5K
+45.6%
4 $69K$90K
+30.4%
5+ $75K$96.5K
+28.7%

Summary: 17851 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.7%, 3 bedroom homes increased by 45.6%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 28.7%.

Median Sold Price Compared To Nearby Zip Codes

17851
+44.0%
17832
+8.3%

Housing Supply in 17851, PA

How many homes are available in 17851, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2928-3.4%

Summary: The 17851 real estate market had 28 homes for sale in December 2024, a 3.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 1616
0.0%
4 85
-37.5%
5+ 12
+100.0%

Summary: The 17851 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17851, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 17851 in December 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 17851, PA

How long does it take to sell a home in 17851, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
44 Days78 Days+76.5%

Summary: Homes in 17851 had an average of 78 days on market in Dec 2024, up by 76.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17851 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in 17851; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 1 Day Ago

Newest Listings in 17851, PA

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