Is 15236, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15236 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 15236 has remained a Seller's Market.

Key Takeaway

15236 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15236, PA

How much do homes in 15236, PA cost?

Median Sold Price

$259,200

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,700(+8.2%)

Key Takeaway

Homes in 15236 have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in 15236 was $259,200 in March 2024, up 8.2% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$35K
N/A
2 $197.4K$205K
+3.9%
3 $235K$255.3K
+8.7%
4 $315K$300K
-4.8%
5+ $450K$360K
-20.0%

Summary: 15236 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 3.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Zip Codes

15236
+8.2%
15234
+3.8%
15227
+2.8%
15210
-11.8%

Housing Supply in 15236, PA

How many homes are available in 15236, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9286-6.5%

Summary: The 15236 real estate market had 86 homes for sale in March 2024, a 6.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1310
-23.1%
3 6353
-15.9%
4 1421
+50.0%
5+ 22
0.0%

Summary: The 15236 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 decreased by 23.1%, 3 bedroom homes decreased by 15.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3028-6.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15236, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in 15236 in March 2024, down by 6.7% month-over-month. Of the 28 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% were sold over asking.

Days on Market for 15236, PA

How long does it take to sell a home in 15236, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
43 Days48 Days+12.2%

Summary: Homes in 15236 had an average of 48 days on market in Mar 2024, up by 12.2% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15236 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 28 homes were sold in 15236; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% 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 15 Days Ago

Newest Listings in 15236, PA

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