Is 17901, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17901 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 17901 has remained a Seller's Market.

Key Takeaway

17901 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17901, PA

How much do homes in 17901, PA cost?

Median Sold Price

$130,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,000(+10.2%)

Key Takeaway

Homes in 17901 have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in 17901 was $130,000 in November 2024, up 10.2% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$127.5K
N/A
2 $79.9K$76K
-4.9%
3 $115K$125K
+8.7%
4 $132.5K$146.7K
+10.8%
5+ $135K$132.5K
-1.9%

Summary: 17901 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 decreased by 4.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

17970
+27.8%
17901
+10.2%
17954
+5.0%

Housing Supply in 17901, PA

How many homes are available in 17901, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8687+1.2%

Summary: The 17901 real estate market had 87 homes for sale in November 2024, a 1.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 3440
+17.6%
4 2927
-6.9%
5+ 1915
-21.1%

Summary: The 17901 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 increased by 25%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 21.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1916-15.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17901, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 17901 in November 2024, down by 15.8% month-over-month. Of the 16 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.

Days on Market for 17901, PA

How long does it take to sell a home in 17901, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days15 Days-64.8%

Summary: Homes in 17901 had an average of 15 days on market in Nov 2024, down by 64.8% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 17901 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in 17901; 81% of homes were sold within 30 days, 19% 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 21 Days Ago

Newest Listings in 17901, PA

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