Is 15102, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15102 is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 15102 was a Seller's Market.

Key Takeaway

15102 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15102, PA

How much do homes in 15102, PA cost?

Median Sold Price

$275,500

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$21,500(+8.5%)

Key Takeaway

Homes in 15102 have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in 15102 was $275,500 in February 2024, up 8.5% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $160.2K$120K
-25.1%
2 $180K$189.9K
+5.5%
3 $251K$255K
+1.6%
4 $355K$369K
+3.9%
5+ $355K$399K
+12.4%

Summary: 15102 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.1%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 12.4%.

Median Sold Price Compared To Nearby Zip Codes

15102
+8.5%
15236
+6.3%
15241
+4.9%
15234
+4.3%
15129
-0.2%

Housing Supply in 15102, PA

How many homes are available in 15102, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5161+19.6%

Summary: The 15102 real estate market had 61 homes for sale in February 2024, a 19.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 108
-20.0%
3 1828
+55.6%
4 2021
+5.0%
5+ 34
+33.3%

Summary: The 15102 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
880.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15102, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 15102 in February 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for 15102, PA

How long does it take to sell a home in 15102, PA?

Average Sale Time

Feb 2023Feb 2024CHANGE
46 Days39 Days-13.9%

Summary: Homes in 15102 had an average of 39 days on market in Feb 2024, down by 13.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15102 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 8 homes were sold in 15102; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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 27 Days Ago

Newest Listings in 15102, PA

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