Is 15301, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15301 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 15301 has remained a Seller's Market.

Key Takeaway

15301 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15301, PA

How much do homes in 15301, PA cost?

Median Sold Price

$216,967

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$1,667(+0.8%)

Key Takeaway

Homes in 15301 have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in 15301 was $216,967 in March 2024, up 0.8% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $30K$81.7K
+172.5%
2 $149.9K$152K
+1.4%
3 $220K$225K
+2.3%
4 $292.5K$305K
+4.3%
5+ $361K$345K
-4.4%

Summary: 15301 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 172.5%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 4.4%.

Median Sold Price Compared To Nearby Zip Codes

15342
+12.8%
15317
+4.1%
15301
+0.8%

Housing Supply in 15301, PA

How many homes are available in 15301, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
130153+17.7%

Summary: The 15301 real estate market had 153 homes for sale in March 2024, a 17.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 13
+200.0%
2 3129
-6.5%
3 7689
+17.1%
4 1621
+31.3%
5+ 611
+83.3%

Summary: The 15301 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 83.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1932+68.4%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15301, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 15301 in March 2024, up by 68.4% month-over-month. Of the 32 sold homes, 53% were sold under asking, 25% were sold at asking, and 22% were sold over asking.

Days on Market for 15301, PA

How long does it take to sell a home in 15301, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
68 Days53 Days-22.8%

Summary: Homes in 15301 had an average of 53 days on market in Mar 2024, down by 22.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15301 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 32 homes were sold in 15301; 47% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 28% 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 18 Days Ago

Newest Listings in 15301, PA

Nearby Markets to 15301, PA