Is 15208, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15208 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 15208 has remained a Seller's Market.

Key Takeaway

15208 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15208, PA

How much do homes in 15208, PA cost?

Median Sold Price

$470,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$55,000(-10.5%)

Key Takeaway

Homes in 15208 have sold for 10.5% less than they did a year ago.

Summary: The median home sold price in 15208 was $470,000 in February 2024, down 10.5% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$175.5K
N/A
2 $188.1K$145K
-22.9%
3 $365K$325K
-11.0%
4 $637.5K$594.2K
-6.8%
5+ $665K$775K
+16.5%

Summary: 15208 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.9%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 16.5%.

Median Sold Price Compared To Nearby Zip Codes

15217
+9.0%
15206
+2.7%
15235
+2.4%
15208
-10.5%
15221
-10.6%

Housing Supply in 15208, PA

How many homes are available in 15208, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2123+9.5%

Summary: The 15208 real estate market had 23 homes for sale in February 2024, a 9.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 44
0.0%
3 56
+20.0%
4 77
0.0%
5+ 56
+20.0%

Summary: The 15208 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 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 15208, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 15208 in February 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 15208, PA

How long does it take to sell a home in 15208, PA?

Average Sale Time

Feb 2023Feb 2024CHANGE
55 Days38 Days-31.2%

Summary: Homes in 15208 had an average of 38 days on market in Feb 2024, down by 31.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15208 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 5 homes were sold in 15208; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

Newest Listings in 15208, PA

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