Is 15120, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 15120 was a Neutral Market.
Housing Prices in 15120, PA
How much do homes in 15120, PA cost?
Median Sold Price
$150,500
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 15120 was $150,500 in March 2024, up 4.5% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $52.5K | N/A |
2 Bedrooms | $109.9K | $121.5K | +10.5% |
3 Bedrooms | $155K | $168.9K | +9.0% |
4 Bedrooms | $179.9K | $215K | +19.5% |
5+ Bedrooms | $199.9K | $130K | -35.0% |
Summary: 15120 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 10.5%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes decreased by 35%.
Housing Supply in 15120, PA
How many homes are available in 15120, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 73 | +2.8% |
Summary: The 15120 real estate market had 73 homes for sale in March 2024, a 2.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 25 | 30 | +20.0% |
3 Bedrooms | 29 | 27 | -6.9% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 15120 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 20%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 15120 in March 2024, up by 50.0% month-over-month. Of the 18 sold homes, 78% were sold under asking, 6% were sold at asking, and 17% were sold over asking.
Days on Market for 15120, PA
How long does it take to sell a home in 15120, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 64 Days | +31.6% |
Summary: Homes in 15120 had an average of 64 days on market in Mar 2024, up by 31.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in 15120; 50% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.