Is 15201, 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, 15201 has remained a Seller's Market.
Key Takeaway
15201 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15201, PA
How much do homes in 15201, PA cost?
Median Sold Price
$355,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15201 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 15201 was $355,000 in March 2024, up 3.4% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $439.7K | $274.5K | -37.6% |
| 2 Bedrooms | $258.4K | $270K | +4.5% |
| 3 Bedrooms | $395K | $398.9K | +1.0% |
| 4 Bedrooms | $481K | $482.2K | 0.3% |
| 5+ Bedrooms | $351K | $487.5K | +38.9% |
Summary: 15201 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 38.9%.
Housing Supply in 15201, PA
How many homes are available in 15201, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 115 | 118 | +2.6% |
Summary: The 15201 real estate market had 118 homes for sale in March 2024, a 2.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 11 | +10.0% |
| 2 Bedrooms | 36 | 36 | 0.0% |
| 3 Bedrooms | 51 | 54 | +5.9% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 15201 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15201, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 15201 in March 2024, the same as the previous month. Of the 22 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for 15201, PA
How long does it take to sell a home in 15201, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 91 Days | 75 Days | -17.3% |
Summary: Homes in 15201 had an average of 75 days on market in Mar 2024, down by 17.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 15201 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 22 homes were sold in 15201; 32% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
