Is 15207, 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, 15207 has remained a Seller's Market.
Housing Prices in 15207, PA
How much do homes in 15207, PA cost?
Median Sold Price
$164,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 15207 was $164,000 in March 2024, down 3.5% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $64K | - | N/A |
2 Bedrooms | $126K | $133.5K | +6.0% |
3 Bedrooms | $180K | $170K | -5.6% |
4 Bedrooms | $213.5K | $177K | -17.1% |
5+ Bedrooms | $77.6K | $215K | +177.1% |
Summary: 15207 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 6%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes increased by 177.1%.
Housing Supply in 15207, PA
How many homes are available in 15207, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 52 | +18.2% |
Summary: The 15207 real estate market had 52 homes for sale in March 2024, a 18.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 16 | 18 | +12.5% |
3 Bedrooms | 19 | 23 | +21.1% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 15207 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 12.5%, 3 bedroom homes increased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 9 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 15207 in March 2024, up by 200.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for 15207, PA
How long does it take to sell a home in 15207, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 40 Days | +43.3% |
Summary: Homes in 15207 had an average of 40 days on market in Mar 2024, up by 43.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 15207; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.