17701, PA Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Is it a good time to sell a house in PA? ›

Surprisingly, yes. March is a good time to start prepping your Pennsylvania home for sale. Housing demand is at its peak, but inventory is still tight. The median home price is currently at $263,700, major forecasts expect home prices to continue rising in 2024.

Yes, you can sell your house without a Realtor in Pennsylvania. You can list your home on For Sale By Owner websites that attract millions of buyers every month. Or, you can work with Flat Fee MLS companies that will get you on the MLS for a small flat fee.

Pennsylvania Housing Market Overview

In May 2024, home prices in Pennsylvania were up 7.2% compared to last year, selling for a median price. On average, the number of homes sold was up 3.7% year over year and there were 11,888 homes sold in May this year, up 11,479 homes sold in May last year.

Here's how each month of the year ranked for the best time to sell a house. The highest-earning months are, in ranking order, May, June, April and March. Just over 18 million purchase transactions took place during this period, according to ATTOM.

Real estate experts predict a continued housing shortage, and because they expect high buyer demand to keep pushing home prices up, 2024 may be an ideal time to sell. Experts also anticipate a leveling out of 2023's elevated mortgage rates, expecting rates to eventually settle around 6% – 7% in the spring.

Do I need a lawyer to sell my house in Pennsylvania? No, Pennsylvania does not require home sellers or buyers to hire real estate attorneys.

Section 304 excuses the requirement to have a real estate license in order to sell or rent property when it's being done by the owner of the real estate, which is why any individual generally has the ability to sell or buy their own property without a license.

$272,477. The average Pennsylvania home value is $272,477, up 5.3% over the past year and goes to pending in around 7 days.

The median sale price of homes across Pa. jumped 31% in the past three years, new data from the Pennsylvania Association of Realtors shows. The surge is due to a combination of factors, such as fewer homes having been built while millennials, one of the largest generations, hit their peak homebuying years.

Overview of Pennsylvania Taxes

In fact, the state carries a 1.36% average effective property tax rate in comparison to the 0.99% national average. Effective property tax rates on a county basis range from 0.87% to 2.45%.

Are required to designate a managing agent who lives in or maintains an office within the city of Philadelphia? ›

Any owner required to obtain a Rental License must designate a Managing Agent who resides in the city or regularly attends a business office within the city. An owner that resides or maintains a business office within the city may act as the Managing Agent.

Many house hunters opt to delay their home shopping plans until after the holidays. October and December are the worst months to sell a home according to the numbers too. During these two months, sellers have the least amount of success achieving their asking price and making a sale compared to other months.

All gains realized from selling, exchanging, or disposing of any type of property are taxed according to the Pennsylvania Personal Income Tax (PA PIT) system, meaning they are taxed as personal income. According to the PA-DoR's Personal Income Tax portal, Pennsylvania's personal income tax rate is a flat 3.07%.

If California housing inventory is low

When supply is low and demand is high, selling your home can be far more profitable.

Typically, spring and summer are considered the best times to sell, when there's the most activity from buyers and the most listings entering the market.