Is 15222, 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, 15222 was a Seller's Market.
Housing Prices in 15222, PA
How much do homes in 15222, PA cost?
Median Sold Price
$495,000
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 15222 was $495,000 in March 2024, up 17.3% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $279K | $275K | -1.4% |
2 Bedrooms | $556K | $512.5K | -7.8% |
3 Bedrooms | $706K | $873.9K | +23.8% |
4 Bedrooms | $1.6M | $1.4M | -8.2% |
5+ Bedrooms | $765K | - | N/A |
Summary: 15222 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes did not change.
Housing Supply in 15222, PA
How many homes are available in 15222, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 91 | +7.1% |
Summary: The 15222 real estate market had 91 homes for sale in March 2024, a 7.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 24 | +4.3% |
2 Bedrooms | 48 | 55 | +14.6% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 15222 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 14.6%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 15222 in March 2024, up by 100.0% month-over-month. Of the 10 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.
Days on Market for 15222, PA
How long does it take to sell a home in 15222, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 134 Days | +304.8% |
Summary: Homes in 15222 had an average of 134 days on market in Mar 2024, up by 304.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 15222; 10% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.