Is 15218, 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, 15218 was a Seller's Market.
Housing Prices in 15218, PA
How much do homes in 15218, PA cost?
Median Sold Price
$230,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 15218 was $230,000 in March 2024, up 4.5% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | $105K | +2.4% |
2 Bedrooms | $130K | $139.9K | +7.7% |
3 Bedrooms | $213.4K | $230K | +7.8% |
4 Bedrooms | $305K | $363.5K | +19.2% |
5+ Bedrooms | $345K | $373.7K | +8.3% |
Summary: 15218 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 8.3%.
Housing Supply in 15218, PA
How many homes are available in 15218, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 78 | +20.0% |
Summary: The 15218 real estate market had 78 homes for sale in March 2024, a 20.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 13 | 18 | +38.5% |
3 Bedrooms | 30 | 31 | +3.3% |
4 Bedrooms | 10 | 15 | +50.0% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 15218 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 38.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 15218 in March 2024, up by 8.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 8% were sold at asking, and 38% were sold over asking.
Days on Market for 15218, PA
How long does it take to sell a home in 15218, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
99 Days | 70 Days | -29.4% |
Summary: Homes in 15218 had an average of 70 days on market in Mar 2024, down by 29.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in 15218; 31% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.