Is 15317, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15317 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 15317 has remained a Seller's Market.

Key Takeaway

15317 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15317, PA

How much do homes in 15317, PA cost?

Median Sold Price

$365,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,555(+3.6%)

Key Takeaway

Homes in 15317 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 15317 was $365,000 in April 2024, up 3.6% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $122.5K$48K
-60.8%
2 $158.2K$202.5K
+28.0%
3 $300K$330K
+10.0%
4 $475K$498.9K
+5.0%
5+ $670K$525K
-21.6%

Summary: 15317 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60.8%, 2 bedroom homes increased by 28%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 21.6%.

Median Sold Price Compared To Nearby Zip Codes

15055
+13.6%
15342
+11.9%
15317
+3.6%

Housing Supply in 15317, PA

How many homes are available in 15317, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
140176+25.7%

Summary: The 15317 real estate market had 176 homes for sale in April 2024, a 25.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1921
+10.5%
3 6483
+29.7%
4 4555
+22.2%
5+ 1116
+45.5%

Summary: The 15317 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 29.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 45.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3539+11.4%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15317, you may be able to get a good deal. 48.7% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 15317 in April 2024, up by 11.4% month-over-month. Of the 39 sold homes, 49% were sold under asking, 26% were sold at asking, and 26% were sold over asking.

Days on Market for 15317, PA

How long does it take to sell a home in 15317, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
38 Days35 Days-9.0%

Summary: Homes in 15317 had an average of 35 days on market in Apr 2024, down by 9% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15317 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 39 homes were sold in 15317; 72% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 10% 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 1 Day Ago

Newest Listings in 15317, PA

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