17240 ZIP Code Housing Market
$333,500median sale price
Quick answer: The median home sale price in ZIP code 17240 is $333,500, up 39.0% year-over-year. Homes sell in an average of 76 days. The market is currently a leaning buyer's.
17240 market data
| Metric | Value |
|---|---|
| Median sale price | $333,500 |
| Median list price | $457,500 |
| Year-over-year price change | +39.0% |
| Average days on market | 76 days |
| Sale-to-list price ratio | 99.5% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 17240 zip code, located in Eddystone, PA, is currently classified as a leaning buyer's. The median sale price stands at $333,500, representing a +39.0% change year over year. Homes in this area spend an average of 76 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 17240 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
4
Last 12 weeks
Days on market
76
Average pace
Active listings
—
Sale-to-list
99.5%
Below asking
Market trends
Market analysis for 17240
The 17240 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 99.5% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 17240 have increased +39.0% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 17240 stands at $352,368, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
3,241
Median income
$91,429/yr
Median age
43.2 years
Owner-occupied
8549.0%
College grads
1544.0%
Avg commute
34.2 min
Living in 17240
Zip code 17240 is home to approximately 3,241 residents. The median household income is $91,429 per year, which shapes the types of homes and amenities available in the area. With a median age of 43.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 8549.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 1544.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 34.2 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 17240.
Frequently asked questions about 17240
What is the median home price in 17240?
The current median sale price in 17240 is $333,500, based on recent Redfin transaction data. Prices have changed +39.0% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 17240 a buyer's or seller's market?
The 17240 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 17240?
Zip code 17240 has a population of approximately 3,241 residents. The median household income is $91,429 per year. About 8549.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 17240?
Properties Incorporated provides comprehensive data for 17240 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 17240 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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