Is 15233, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15233 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 15233 was a Seller's Market.

Key Takeaway

15233 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 15233, PA

How much do homes in 15233, PA cost?

Median Sold Price

$340,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$75,000(+28.3%)

Key Takeaway

Homes in 15233 have sold for 28.3% more than they did a year ago.

Summary: The median home sold price in 15233 was $340,000 in March 2024, up 28.3% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $157.5K$320K
+103.2%
3 $283.5K$352.5K
+24.3%
4 $355K$440K
+23.9%
5+ $232.5K$340K
+46.2%

Summary: 15233 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 103.2%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes increased by 46.2%.

Median Sold Price Compared To Nearby Zip Codes

15233
+28.3%
15204
+22.0%
15136
+12.9%
15212
-3.7%
15219
-7.1%

Housing Supply in 15233, PA

How many homes are available in 15233, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1419+35.7%

Summary: The 15233 real estate market had 19 homes for sale in March 2024, a 35.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 79
+28.6%
4 45
+25.0%
5+ 23
+50.0%

Summary: The 15233 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15233, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 15233 in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 15233, PA

How long does it take to sell a home in 15233, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
95 Days152 Days+59.6%

Summary: Homes in 15233 had an average of 152 days on market in Mar 2024, up by 59.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 15233 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 3 homes were sold in 15233; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in 15233, PA

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