Is 15203, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 15203 was a Seller's Market.
Key Takeaway
15203 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 15203, PA
How much do homes in 15203, PA cost?
Median Sold Price
$257,500
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 15203 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 15203 was $257,500 in April 2024, up 8% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169.5K | $269.7K | +59.1% |
| 2 Bedrooms | $220K | $257.5K | +17.0% |
| 3 Bedrooms | $266.5K | $272.5K | +2.3% |
| 4 Bedrooms | $239K | $208.2K | -12.9% |
| 5+ Bedrooms | $270K | $224K | -17.0% |
Summary: 15203 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.1%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 17%.
Housing Supply in 15203, PA
How many homes are available in 15203, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 117 | 127 | +8.5% |
Summary: The 15203 real estate market had 127 homes for sale in April 2024, a 8.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 40 | 39 | -2.5% |
| 3 Bedrooms | 61 | 68 | +11.5% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 15203 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 decreased by 2.5%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15203, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 15203 in April 2024, the same as the previous month. Of the 14 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for 15203, PA
How long does it take to sell a home in 15203, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 113 Days | 53 Days | -53.1% |
Summary: Homes in 15203 had an average of 53 days on market in Apr 2024, down by 53.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 15203 has remained consistent over time.
Summary: During April 2024, 14 homes were sold in 15203; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
