Is 17872, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17872 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 17872 was a Seller's Market.

Key Takeaway

17872 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 17872, PA

How much do homes in 17872, PA cost?

Median Sold Price

$56,500

$38/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,500(+22.8%)

Key Takeaway

Homes in 17872 have sold for 22.8% more than they did a year ago.

Summary: The median home sold price in 17872 was $56,500 in October 2024, up 22.8% from last year, and the median price per square foot was $38.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$43K
N/A
2 $26.5K$47.5K
+79.2%
3 $41.5K$57.5K
+38.6%
4 $41.2K$50K
+21.2%
5+ $60.2K$66K
+9.5%

Summary: 17872 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 79.2%, 3 bedroom homes increased by 38.6%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Zip Codes

17866
+43.8%
17881
+32.0%
17872
+22.8%

Housing Supply in 17872, PA

How many homes are available in 17872, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4045+12.5%

Summary: The 17872 real estate market had 45 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2121
0.0%
4 44
0.0%
5+ 1216
+33.3%

Summary: The 17872 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17872, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 17872 in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for 17872, PA

How long does it take to sell a home in 17872, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
93 Days42 Days-55.0%

Summary: Homes in 17872 had an average of 42 days on market in Oct 2024, down by 55% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17872 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 17872; 20% of homes were sold within 30 days, 20% 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 20 Days Ago

Newest Listings in 17872, PA

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