Is 15025, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 15025 was a Neutral Market.
Key Takeaway
15025 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15025, PA
How much do homes in 15025, PA cost?
Median Sold Price
$161,959
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15025 have sold for 32.8% more than they did a year ago.
Summary: The median home sold price in 15025 was $161,959 in March 2024, up 32.8% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $29K | - | N/A |
| 2 Bedrooms | $70K | $92.9K | +32.7% |
| 3 Bedrooms | $105K | $123K | +17.1% |
| 4 Bedrooms | $430K | $432.5K | +0.6% |
| 5+ Bedrooms | $628.5K | $440K | -30.0% |
Summary: 15025 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.7%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 30%.
Housing Supply in 15025, PA
How many homes are available in 15025, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 50 | 54 | +8.0% |
Summary: The 15025 real estate market had 54 homes for sale in March 2024, a 8.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 20 | +17.6% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 15025 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 17.6%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15025, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 15025 in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for 15025, PA
How long does it take to sell a home in 15025, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 66 Days | +3.8% |
Summary: Homes in 15025 had an average of 66 days on market in Mar 2024, up by 3.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15025 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 11 homes were sold in 15025; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
