Is 15229, 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, 15229 has remained a Seller's Market.
Key Takeaway
15229 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15229, PA
How much do homes in 15229, PA cost?
Median Sold Price
$238,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 15229 have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in 15229 was $238,000 in April 2024, up 3.5% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109.9K | $116K | +5.5% |
| 2 Bedrooms | $195K | $205K | +5.1% |
| 3 Bedrooms | $236.5K | $259.9K | +9.9% |
| 4 Bedrooms | $310.6K | $335K | +7.8% |
| 5+ Bedrooms | $292.5K | $274.5K | -6.2% |
Summary: 15229 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 6.2%.
Housing Supply in 15229, PA
How many homes are available in 15229, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 39 | +14.7% |
Summary: The 15229 real estate market had 39 homes for sale in April 2024, a 14.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 16 | 24 | +50.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 15229 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15229, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 15229 in April 2024, up by 18.2% 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 15229, PA
How long does it take to sell a home in 15229, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 28 Days | -17.7% |
Summary: Homes in 15229 had an average of 28 days on market in Apr 2024, down by 17.7% compared to last year.
Breakdown of Home Sale Times
9 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 15229 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in 15229; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
