Is 15215, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15215 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 15215 has remained a Seller's Market.

Key Takeaway

15215 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15215, PA

How much do homes in 15215, PA cost?

Median Sold Price

$316,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$890(+0.3%)

Key Takeaway

The sold price of homes in 15215 has remained the same since last year.

Summary: The median home sold price in 15215 was $316,000 in April 2024, up 0.3% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$230.5K
N/A
2 $163K$179K
+9.8%
3 $279.9K$245K
-12.5%
4 $475K$500.2K
+5.3%
5+ $600K$815K
+35.8%

Summary: 15215 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 35.8%.

Median Sold Price Compared To Nearby Zip Codes

15238
+11.5%
15116
+5.6%
15206
+4.5%
15215
0.3%
15223
-1.0%

Housing Supply in 15215, PA

How many homes are available in 15215, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3842+10.5%

Summary: The 15215 real estate market had 42 homes for sale in April 2024, a 10.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 79
+28.6%
3 1311
-15.4%
4 1415
+7.1%
5+ 47
+75.0%

Summary: The 15215 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 increased by 28.6%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15215, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 15215 in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 22% were sold at asking, and 67% were sold over asking.

Days on Market for 15215, PA

How long does it take to sell a home in 15215, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
64 Days35 Days-44.5%

Summary: Homes in 15215 had an average of 35 days on market in Apr 2024, down by 44.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15215 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 9 homes were sold in 15215; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% 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 4 Days Ago

Newest Listings in 15215, PA

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