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 October 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

$55,000

$55/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,000(+19.6%)

Key Takeaway

Homes in 17851 have sold for 19.6% more than they did a year ago.

Summary: The median home sold price in 17851 was $55,000 in October 2024, up 19.6% from last year, and the median price per square foot was $55.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $21K$32K
+52.4%
2 $55K$41K
-25.5%
3 $45K$56K
+24.4%
4 $69K$82.5K
+19.6%
5+ $69K$96.5K
+39.9%

Summary: 17851 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.4%, 2 bedroom homes decreased by 25.5%, 3 bedroom homes increased by 24.4%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 39.9%.

Housing Supply in 17851, PA

How many homes are available in 17851, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3227-15.6%

Summary: The 17851 real estate market had 27 homes for sale in October 2024, a 15.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 89
+12.5%
3 1610
-37.5%
4 57
+40.0%
5+ 20
-100.0%

Summary: The 17851 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 increased by 12.5%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 17851 in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% 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

Oct 2023Oct 2024CHANGE
208 Days46 Days-77.5%

Summary: Homes in 17851 had an average of 46 days on market in Oct 2024, down by 77.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were 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 October 2024, 9 homes were sold in 17851; 33% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% 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 4 Days Ago

Newest Listings in 17851, PA

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