Is 15132, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15132 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 15132 was a Seller's Market.

Key Takeaway

15132 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 15132, PA

How much do homes in 15132, PA cost?

Median Sold Price

$73,582

$52/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$6,417(-8.0%)

Key Takeaway

Homes in 15132 have sold for 8% less than they did a year ago.

Summary: The median home sold price in 15132 was $73,582 in April 2024, down 8% from last year, and the median price per square foot was $52.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$109K
N/A
2 $78.4K$49K
-37.5%
3 $80K$84.5K
+5.6%
4 $128.5K$113.5K
-11.7%
5+ $18K$49K
+172.2%

Summary: 15132 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes increased by 172.2%.

Median Sold Price Compared To Nearby Zip Codes

15131
+4.4%
15132
-8.0%
15133
-12.2%
15034
-35.2%
15110
-36.7%

Housing Supply in 15132, PA

How many homes are available in 15132, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7998+24.1%

Summary: The 15132 real estate market had 98 homes for sale in April 2024, a 24.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 2029
+45.0%
3 4656
+21.7%
4 99
0.0%
5+ 33
0.0%

Summary: The 15132 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 45%, 3 bedroom homes increased by 21.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
916+77.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15132, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 15132 in April 2024, up by 77.8% month-over-month. Of the 16 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.

Days on Market for 15132, PA

How long does it take to sell a home in 15132, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days66 Days+11.3%

Summary: Homes in 15132 had an average of 66 days on market in Apr 2024, up by 11.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15132 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in 15132; 44% of homes were sold within 30 days, 31% 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 1 Day Ago

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