Is 15224, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 15224 has remained a Seller's Market.
Key Takeaway
15224 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15224, PA
How much do homes in 15224, PA cost?
Median Sold Price
$297,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 15224 have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in 15224 was $297,000 in April 2024, down 2.6% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $280K | -6.7% |
| 2 Bedrooms | $227.5K | $228K | 0.2% |
| 3 Bedrooms | $310K | $299.9K | -3.3% |
| 4 Bedrooms | $395K | $335K | -15.2% |
| 5+ Bedrooms | $480K | $485K | +1.0% |
Summary: 15224 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 1%.
Housing Supply in 15224, PA
How many homes are available in 15224, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 37 | 53 | +43.2% |
Summary: The 15224 real estate market had 53 homes for sale in April 2024, a 43.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 12 | 16 | +33.3% |
| 3 Bedrooms | 13 | 18 | +38.5% |
| 4 Bedrooms | 7 | 12 | +71.4% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 15224 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 38.5%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15224, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 15224 in April 2024, up by 150.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for 15224, PA
How long does it take to sell a home in 15224, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 53 Days | +14.5% |
Summary: Homes in 15224 had an average of 53 days on market in Apr 2024, up by 14.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15224 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in 15224; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
