Is 15061, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 15061 has remained a Seller's Market.
Key Takeaway
15061 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15061, PA
How much do homes in 15061, PA cost?
Median Sold Price
$215,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15061 have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in 15061 was $215,000 in March 2024, up 9.7% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83.5K | $47K | -43.7% |
| 2 Bedrooms | $115K | $132.5K | +15.2% |
| 3 Bedrooms | $212.4K | $224K | +5.4% |
| 4 Bedrooms | $337K | $346.2K | +2.7% |
| 5+ Bedrooms | $247.5K | $602K | +143.2% |
Summary: 15061 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.7%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 143.2%.
Housing Supply in 15061, PA
How many homes are available in 15061, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 44 | 38 | -13.6% |
Summary: The 15061 real estate market had 38 homes for sale in March 2024, a 13.6% decrease 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 | 10 | 9 | -10.0% |
| 3 Bedrooms | 24 | 18 | -25.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 15061 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 decreased by 10%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 16 | +100.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15061, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 15061 in March 2024, up by 100.0% month-over-month. Of the 16 sold homes, 69% were sold under asking, 6% were sold at asking, and 25% were sold over asking.
Days on Market for 15061, PA
How long does it take to sell a home in 15061, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 74 Days | +114.7% |
Summary: Homes in 15061 had an average of 74 days on market in Mar 2024, up by 114.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 15061 has remained consistent over time.
Summary: During March 2024, 16 homes were sold in 15061; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
