Is 15211, 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, 15211 has remained a Neutral Market.
Key Takeaway
15211 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 15211, PA
How much do homes in 15211, PA cost?
Median Sold Price
$265,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15211 have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in 15211 was $265,000 in March 2024, down 6.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $463.5K | +106.0% |
| 2 Bedrooms | $210K | $260K | +23.8% |
| 3 Bedrooms | $305K | $277.4K | -9.0% |
| 4 Bedrooms | $300K | $211K | -29.7% |
| 5+ Bedrooms | $263K | $347.5K | +32.1% |
Summary: 15211 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106%, 2 bedroom homes increased by 23.8%, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 29.7%, and 5+ bedroom homes increased by 32.1%.
Housing Supply in 15211, PA
How many homes are available in 15211, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 62 | 72 | +16.1% |
Summary: The 15211 real estate market had 72 homes for sale in March 2024, a 16.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 23 | 21 | -8.7% |
| 3 Bedrooms | 29 | 37 | +27.6% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 15211 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 decreased by 8.7%, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15211, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 15211 in March 2024, up by 22.2% month-over-month. Of the 11 sold homes, 73% were sold under asking, 0% were sold at asking, and 27% were sold over asking.
Days on Market for 15211, PA
How long does it take to sell a home in 15211, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 81 Days | 90 Days | +10.3% |
Summary: Homes in 15211 had an average of 90 days on market in Mar 2024, up by 10.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 15211 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 11 homes were sold in 15211; 36% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
