Is 15110, 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, 15110 has remained a Buyer's Market.
Key Takeaway
15110 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 15110, PA
How much do homes in 15110, PA cost?
Median Sold Price
$47,500
$36/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15110 have sold for 25.2% less than they did a year ago.
Summary: The median home sold price in 15110 was $47,500 in March 2024, down 25.2% from last year, and the median price per square foot was $36.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $37.5K | $43.7K | +16.7% |
| 3 Bedrooms | $85.9K | $47.5K | -44.7% |
| 4 Bedrooms | $60.8K | $117.5K | +93.0% |
| 5+ Bedrooms | - | $36.5K | N/A |
Summary: 15110 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 16.7%, 3 bedroom homes decreased by 44.7%, 4 bedroom homes increased by 93%, and 5+ bedroom homes did not change.
Housing Supply in 15110, PA
How many homes are available in 15110, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The 15110 real estate market had 20 homes for sale in March 2024, a 17.6% 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 15110 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 14.3%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 15110, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 15110 in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 15110, PA
How long does it take to sell a home in 15110, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 78 Days | 29 Days | -62.8% |
Summary: Homes in 15110 had an average of 29 days on market in Mar 2024, down by 62.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15110 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in 15110; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
