Is 15204, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15204 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 15204 was a Seller's Market.

Key Takeaway

15204 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15204, PA

How much do homes in 15204, PA cost?

Median Sold Price

$125,000

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$22,500(+22.0%)

Key Takeaway

Homes in 15204 have sold for 22% more than they did a year ago.

Summary: The median home sold price in 15204 was $125,000 in March 2024, up 22% from last year, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $123.6K$95K
-23.1%
2 $91.5K$72.2K
-21.0%
3 $113K$126.2K
+11.7%
4 $115K$175K
+52.2%
5+ $70K$55K
-21.4%

Summary: 15204 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes decreased by 21%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 52.2%, and 5+ bedroom homes decreased by 21.4%.

Median Sold Price Compared To Nearby Zip Codes

15233
+28.3%
15204
+22.0%
15136
+12.9%
15205
+10.8%
15220
+6.6%

Housing Supply in 15204, PA

How many homes are available in 15204, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2935+20.7%

Summary: The 15204 real estate market had 35 homes for sale in March 2024, a 20.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1011
+10.0%
3 1316
+23.1%
4 36
+100.0%
5+ 32
-33.3%

Summary: The 15204 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 increased by 10%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15204, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 15204 in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 15204, PA

How long does it take to sell a home in 15204, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
69 Days64 Days-7.6%

Summary: Homes in 15204 had an average of 64 days on market in Mar 2024, down by 7.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15204 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in 15204; 50% of homes were sold within 30 days, 25% 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 18 Days Ago

Newest Listings in 15204, PA

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