Is 17866, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17866 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 17866 has remained a Seller's Market.

Key Takeaway

17866 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17866, PA

How much do homes in 17866, PA cost?

Median Sold Price

$85,827

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,227(+30.8%)

Key Takeaway

Homes in 17866 have sold for 30.8% more than they did a year ago.

Summary: The median home sold price in 17866 was $85,827 in December 2024, up 30.8% from last year, and the median price per square foot was $69.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $25.8K$108K
+318.6%
2 $77K$60K
-22.1%
3 $39.9K$102.5K
+156.9%
4 $125K$101K
-19.2%
5+ $95K$77K
-18.9%

Summary: 17866 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 318.6%, 2 bedroom homes decreased by 22.1%, 3 bedroom homes increased by 156.9%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes decreased by 18.9%.

Median Sold Price Compared To Nearby Zip Codes

17851
+44.0%
17866
+30.8%
17872
+24.3%

Housing Supply in 17866, PA

How many homes are available in 17866, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2629+11.5%

Summary: The 17866 real estate market had 29 homes for sale in December 2024, a 11.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 48
+100.0%
3 1313
0.0%
4 65
-16.7%
5+ 11
0.0%

Summary: The 17866 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

5 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 17866, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 17866 in December 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 17866, PA

How long does it take to sell a home in 17866, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
46 Days5 Days-89.2%

Summary: Homes in 17866 had an average of 5 days on market in Dec 2024, down by 89.2% compared to last year.

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 17866 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in 17866; 17% 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 17866, PA

Nearby Markets to 17866, PA