$1,103 Closing Credit*
$92,900
Lyle D Sell, Listing Office: Ergo Real Estate Company
Is 17948, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 17948 has remained a Seller's Market.
Key Takeaway
17948 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 17948, PA
How much do homes in 17948, PA cost?
Median Sold Price
$59,000
$41/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,500(+29.7%)
Key Takeaway
Homes in 17948 have sold for 29.7% more than they did a year ago.
Summary: The median home sold price in 17948 was $59,000 in October 2024, up 29.7% from last year, and the median price per square foot was $41.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $66.2K | $41.5K | -37.4% |
| 3 Bedrooms | $46.5K | $67.5K | +45.2% |
| 4 Bedrooms | $42.5K | $55K | +29.4% |
| 5+ Bedrooms | $60K | $73K | +21.7% |
Summary: 17948 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 decreased by 37.4%, 3 bedroom homes increased by 45.2%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 21.7%.
Median Sold Price Compared To Nearby Zip Codes
| 17976 | $52K | $73K | +40.4% |
| 17931 | $101.4K | $136.5K | +34.5% |
| 17948 | $45.5K | $59K | +29.7% |
| 17967 | $179.5K | $185K | +3.1% |
Housing Supply in 17948, PA
How many homes are available in 17948, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The 17948 real estate market had 17 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 17948 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 decreased by 66.7%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 17948, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 17948 in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 17948, PA
How long does it take to sell a home in 17948, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 61 Days | +86.9% |
Summary: Homes in 17948 had an average of 61 days on market in Oct 2024, up by 86.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 17948 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 17948; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
