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 23 Days Ago

Newest Listings in 17851, PA

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