Is 15234, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 15234 has remained a Seller's Market.
Key Takeaway
15234 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15234, PA
How much do homes in 15234, PA cost?
Median Sold Price
$205,750
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15234 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 15234 was $205,750 in March 2024, up 3.8% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $84K | +12.0% |
| 2 Bedrooms | $183.5K | $168K | -8.4% |
| 3 Bedrooms | $195K | $211.5K | +8.5% |
| 4 Bedrooms | $260K | $345K | +32.7% |
| 5+ Bedrooms | $315K | $308.5K | -2.1% |
Summary: 15234 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in 15234, PA
How many homes are available in 15234, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 47 | +27.0% |
Summary: The 15234 real estate market had 47 homes for sale in March 2024, a 27.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 19 | 27 | +42.1% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 15234 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 remained the same, 3 bedroom homes increased by 42.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 15 | +150.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15234, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 15234 in March 2024, up by 150.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% were sold over asking.
Days on Market for 15234, PA
How long does it take to sell a home in 15234, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 47 Days | 33 Days | -29.5% |
Summary: Homes in 15234 had an average of 33 days on market in Mar 2024, down by 29.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 15234 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in 15234; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
