Is 15089, 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, 15089 has remained a Seller's Market.
Key Takeaway
15089 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15089, PA
How much do homes in 15089, PA cost?
Median Sold Price
$154,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15089 have sold for 13.5% less than they did a year ago.
Summary: The median home sold price in 15089 was $154,000 in March 2024, down 13.5% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $48K | $205K | +327.1% |
| 2 Bedrooms | $127.4K | $116K | -8.9% |
| 3 Bedrooms | $181K | $176.7K | -2.3% |
| 4 Bedrooms | $260K | $359.9K | +38.4% |
| 5+ Bedrooms | $285K | $50K | -82.5% |
Summary: 15089 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 327.1%, 2 bedroom homes decreased by 8.9%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes decreased by 82.5%.
Housing Supply in 15089, PA
How many homes are available in 15089, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 26 | +30.0% |
Summary: The 15089 real estate market had 26 homes for sale in March 2024, a 30.0% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 18 | +63.6% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 15089 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 remained the same, 3 bedroom homes increased by 63.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 9 | +350.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15089, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 15089 in March 2024, up by 350.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for 15089, PA
How long does it take to sell a home in 15089, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 18 Days | 53 Days | +186.2% |
Summary: Homes in 15089 had an average of 53 days on market in Mar 2024, up by 186.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15089 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in 15089; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
