Is 15217, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 15217 was a Seller's Market.
Key Takeaway
15217 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 15217, PA
How much do homes in 15217, PA cost?
Median Sold Price
$425,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15217 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 15217 was $425,000 in March 2024, up 7.1% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140.7K | $155K | +10.1% |
| 2 Bedrooms | $263K | $271.1K | +3.1% |
| 3 Bedrooms | $336.5K | $296.5K | -11.9% |
| 4 Bedrooms | $441.5K | $452.5K | +2.5% |
| 5+ Bedrooms | $700K | $802.5K | +14.6% |
Summary: 15217 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 14.6%.
Housing Supply in 15217, PA
How many homes are available in 15217, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 54 | 66 | +22.2% |
Summary: The 15217 real estate market had 66 homes for sale in March 2024, a 22.2% 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 | 2 | 6 | +200.0% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The 15217 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 200%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15217, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 15217 in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for 15217, PA
How long does it take to sell a home in 15217, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 86 Days | 79 Days | -8.9% |
Summary: Homes in 15217 had an average of 79 days on market in Mar 2024, down by 8.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15217 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in 15217; 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.
