Is 17881, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17881 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 17881 has remained a Seller's Market.

Key Takeaway

17881 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17881, PA

How much do homes in 17881, PA cost?

Median Sold Price

$165,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+32.0%)

Key Takeaway

Homes in 17881 have sold for 32% more than they did a year ago.

Summary: The median home sold price in 17881 was $165,000 in October 2024, up 32% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$130K
N/A
3 $120K$202K
+68.3%
4 $147.9K$179K
+21.0%
5+ $100K$85K
-15.0%

Summary: 17881 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 did not change, 3 bedroom homes increased by 68.3%, 4 bedroom homes increased by 21%, and 5+ bedroom homes decreased by 15%.

Median Sold Price Compared To Nearby Zip Codes

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

Housing Supply in 17881, PA

How many homes are available in 17881, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1210-16.7%

Summary: The 17881 real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 109
-10.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The 17881 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 10%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17881, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 17881 in October 2024, up by 600.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.

Days on Market for 17881, PA

How long does it take to sell a home in 17881, PA?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 17881 has remained consistent over time.

Summary: During October 2024, 7 homes were sold in 17881; 14% of homes were sold within 30 days, 29% 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 17 Days Ago

Newest Listings in 17881, PA

Nearby Markets to 17881, PA