Is 15122, 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, 15122 has remained a Seller's Market.
Key Takeaway
15122 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15122, PA
How much do homes in 15122, PA cost?
Median Sold Price
$164,966
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in 15122 has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103.1K | $52K | -49.6% |
| 2 Bedrooms | $125K | $125K | 0.0% |
| 3 Bedrooms | $168K | $175K | +4.2% |
| 4 Bedrooms | $220K | $175K | -20.5% |
| 5+ Bedrooms | - | $364K | N/A |
Summary: 15122 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes did not change.
Housing Supply in 15122, PA
How many homes are available in 15122, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 72 | 70 | -2.8% |
Summary: The 15122 real estate market had 70 homes for sale in March 2024, a 2.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 47 | 47 | 0.0% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 15122 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15122, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 15122 in March 2024, down by 5.6% month-over-month. Of the 17 sold homes, 65% were sold under asking, 6% were sold at asking, and 29% were sold over asking.
Days on Market for 15122, PA
How long does it take to sell a home in 15122, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 62 Days | -1.9% |
Summary: Homes in 15122 had an average of 62 days on market in Mar 2024, down by 1.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15122 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in 15122; 41% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
