Is 17963, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17963 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 17963 was a Seller's Market.

Key Takeaway

17963 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 17963, PA

How much do homes in 17963, PA cost?

Median Sold Price

$223,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,750(+2.2%)

Key Takeaway

Homes in 17963 have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in 17963 was $223,000 in November 2024, up 2.2% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $141.7K$50K
-64.7%
2 $175K$169K
-3.4%
3 $226K$260K
+15.0%
4 $325K$323.5K
-0.5%
5+ $508.7K$311.9K
-38.7%

Summary: 17963 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.7%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 38.7%.

Median Sold Price Compared To Nearby Zip Codes

17972
+18.3%
17963
+2.2%
17026
-7.5%

Housing Supply in 17963, PA

How many homes are available in 17963, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2216-27.3%

Summary: The 17963 real estate market had 16 homes for sale in November 2024, a 27.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 44
0.0%
3 128
-33.3%
4 53
-40.0%
5+ 01
+100.0%

Summary: The 17963 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

0 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 17963, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 17963 in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 17963, PA

How long does it take to sell a home in 17963, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
7 Days42 Days+507.1%

Summary: Homes in 17963 had an average of 42 days on market in Nov 2024, up by 507.1% 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 17963 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 17963; 50% of homes were sold within 30 days, 50% 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 24 Days Ago

Newest Listings in 17963, PA

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