Is 15126, 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, 15126 was a Neutral Market.
Key Takeaway
15126 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15126, PA
How much do homes in 15126, PA cost?
Median Sold Price
$335,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15126 have sold for 41.7% more than they did a year ago.
Summary: The median home sold price in 15126 was $335,000 in March 2024, up 41.7% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | - | N/A |
| 2 Bedrooms | $160K | $182.5K | +14.1% |
| 3 Bedrooms | $250K | $305K | +22.0% |
| 4 Bedrooms | $407.5K | $412K | +1.1% |
| 5+ Bedrooms | $492.5K | $610K | +23.9% |
Summary: 15126 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 14.1%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 23.9%.
Housing Supply in 15126, PA
How many homes are available in 15126, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 21 | -27.6% |
Summary: The 15126 real estate market had 21 homes for sale in March 2024, a 27.6% decrease 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 | 5 | 3 | -40.0% |
| 3 Bedrooms | 18 | 13 | -27.8% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 15126 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 decreased by 40%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 4 | -69.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15126, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 15126 in March 2024, down by 69.2% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 15126, PA
How long does it take to sell a home in 15126, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 32 Days | -45.5% |
Summary: Homes in 15126 had an average of 32 days on market in Mar 2024, down by 45.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 15126 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in 15126; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
