Is 15228, 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, 15228 was a Seller's Market.
Housing Prices in 15228, PA
How much do homes in 15228, PA cost?
Median Sold Price
$362,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 15228 was $362,000 in March 2024, down 2.2% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $123.5K | $119.9K | -2.9% |
2 Bedrooms | $236K | $225K | -4.7% |
3 Bedrooms | $311.5K | $332.8K | +6.8% |
4 Bedrooms | $522K | $589.7K | +13.0% |
5+ Bedrooms | $726.2K | $648K | -10.8% |
Summary: 15228 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 10.8%.
Housing Supply in 15228, PA
How many homes are available in 15228, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 42 | +13.5% |
Summary: The 15228 real estate market had 42 homes for sale in March 2024, a 13.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 14 | 19 | +35.7% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 15228 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 15228 in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 15228, PA
How long does it take to sell a home in 15228, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 60 Days | +56.8% |
Summary: Homes in 15228 had an average of 60 days on market in Mar 2024, up by 56.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 15228; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.