Is 17980, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 17980 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 17980 has remained a Seller's Market.

Key Takeaway

17980 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 17980, PA

How much do homes in 17980, PA cost?

Median Sold Price

$160,500

$85/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,875(+28.8%)

Key Takeaway

Homes in 17980 have sold for 28.8% more than they did a year ago.

Summary: The median home sold price in 17980 was $160,500 in November 2024, up 28.8% from last year, and the median price per square foot was $85.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$70K
N/A
2 $72.8K$212.4K
+191.8%
3 $142.5K$161K
+13.0%
4 $124.9K$140K
+12.0%
5+ $90K$224K
+148.9%

Summary: 17980 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 increased by 191.8%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 148.9%.

Median Sold Price Compared To Nearby Zip Codes

17980
+28.8%
17038
+11.5%
17098
+5.5%

Housing Supply in 17980, PA

How many homes are available in 17980, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1518+20.0%

Summary: The 17980 real estate market had 18 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 810
+25.0%
4 33
0.0%
5+ 23
+50.0%

Summary: The 17980 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 17980, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 17980 in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 17980, PA

How long does it take to sell a home in 17980, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days27 Days-46.6%

Summary: Homes in 17980 had an average of 27 days on market in Nov 2024, down by 46.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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

Many homes in 17980 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 17980; 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 21 Days Ago

Newest Listings in 17980, PA

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