Is 17870, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17870 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 17870 has remained a Seller's Market.

Key Takeaway

17870 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17870, PA

How much do homes in 17870, PA cost?

Median Sold Price

$217,750

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,250(-1.0%)

Key Takeaway

Homes in 17870 have sold for 1% less than they did a year ago.

Summary: The median home sold price in 17870 was $217,750 in November 2024, down 1% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $190K$191K
0.5%
3 $220K$217.7K
-1.0%
4 $345.9K$275.9K
-20.2%
5+ $212.4K$340K
+60.0%

Summary: 17870 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes increased by 60%.

Median Sold Price Compared To Nearby Zip Codes

17889
+0.9%
17870
-1.0%
17801
-2.8%

Housing Supply in 17870, PA

How many homes are available in 17870, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6059-1.7%

Summary: The 17870 real estate market had 59 homes for sale in November 2024, a 1.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2020
0.0%
3 2523
-8.0%
4 1012
+20.0%
5+ 54
-20.0%

Summary: The 17870 housing inventory by bedroom type for November 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 8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10100.0%

Asking Price vs. Sold Price

8 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 17870, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 17870 in November 2024, the same as the previous month. Of the 10 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 17870, PA

How long does it take to sell a home in 17870, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days116 Days+304.7%

Summary: Homes in 17870 had an average of 116 days on market in Nov 2024, up by 304.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 17870 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 10 homes were sold in 17870; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% 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 18 Days Ago

Newest Listings in 17870, PA

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