Is 15241, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 15241 was a Seller's Market.
Housing Prices in 15241, PA
How much do homes in 15241, PA cost?
Median Sold Price
$425,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 15241 was $425,000 in February 2024, up 4.9% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $229K | $235.7K | +2.9% |
3 Bedrooms | $299.9K | $300.5K | 0.2% |
4 Bedrooms | $440.5K | $465K | +5.6% |
5+ Bedrooms | $705K | $671K | -4.8% |
Summary: 15241 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 4.8%.
Housing Supply in 15241, PA
How many homes are available in 15241, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
58 | 69 | +19.0% |
Summary: The 15241 real estate market had 69 homes for sale in February 2024, a 19.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 11 | 15 | +36.4% |
4 Bedrooms | 33 | 38 | +15.2% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The 15241 housing inventory by bedroom type for February 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 36.4%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 15241 in February 2024, up by 37.5% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.
Days on Market for 15241, PA
How long does it take to sell a home in 15241, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
43 Days | 25 Days | -41.2% |
Summary: Homes in 15241 had an average of 25 days on market in Feb 2024, down by 41.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 11 homes were sold in 15241; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.