Is 15057, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15057 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 15057 has remained a Seller's Market.

Key Takeaway

15057 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15057, PA

How much do homes in 15057, PA cost?

Median Sold Price

$385,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,000(+4.1%)

Key Takeaway

Homes in 15057 have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in 15057 was $385,000 in April 2024, up 4.1% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $67K$77.5K
+15.7%
2 $195K$147.5K
-24.4%
3 $329.9K$250K
-24.2%
4 $435.7K$439K
+0.7%
5+ $600K$540K
-10.0%

Summary: 15057 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes decreased by 24.4%, 3 bedroom homes decreased by 24.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 10%.

Housing Supply in 15057, PA

How many homes are available in 15057, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4453+20.5%

Summary: The 15057 real estate market had 53 homes for sale in April 2024, a 20.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 43
-25.0%
3 1318
+38.5%
4 2429
+20.8%
5+ 21
-50.0%

Summary: The 15057 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1114+27.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15057, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 15057 in April 2024, up by 27.3% month-over-month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.

Days on Market for 15057, PA

How long does it take to sell a home in 15057, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days42 Days+101.5%

Summary: Homes in 15057 had an average of 42 days on market in Apr 2024, up by 101.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15057 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 14 homes were sold in 15057; 50% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 7% 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 8 Days Ago

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