Is 17856, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17856 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17856 has remained a Seller's Market.

Key Takeaway

17856 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17856, PA

How much do homes in 17856, PA cost?

Median Sold Price

$272,500

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$57,500(-17.4%)

Key Takeaway

Homes in 17856 have sold for 17.4% less than they did a year ago.

Summary: The median home sold price in 17856 was $272,500 in October 2024, down 17.4% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $74.9K$92.5K
+23.5%
3 $290K$272.5K
-6.0%
4 $369.9K$390K
+5.4%
5+ $367.5K-
N/A

Summary: 17856 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

17837
+13.5%
17856
-17.4%

Housing Supply in 17856, PA

How many homes are available in 17856, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The 17856 real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 11
0.0%
5+ 01
+100.0%

Summary: The 17856 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was 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 17856, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 17856 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 17856, PA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 17856, PA

Nearby Markets to 17856, PA