Is 15331, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15331 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 15331 has remained a Seller's Market.

Key Takeaway

15331 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15331, PA

How much do homes in 15331, PA cost?

Median Sold Price

$334,000

$191/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$214,000(+178.3%)

Key Takeaway

Homes in 15331 have sold for 178.3% more than they did a month ago.

Summary: The median home sold price in 15331 was $334,000 in May 2024, up 178.3% from last month, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $120K-
N/A
3 -$334K
N/A
4 --
N/A
5+ --
N/A

Summary: 15331 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 15331, PA

How many homes are available in 15331, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
32-33.3%

Summary: The 15331 real estate market had 2 homes for sale in May 2024, a 33.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 15331 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15331, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 15331 in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 15331, PA

How long does it take to sell a home in 15331, PA?

Average Sale Time

Apr 2024May 2024CHANGE
11 Days65 Days+490.9%

Summary: Homes in 15331 had an average of 65 days on market in May 2024, up by 490.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 15331 has remained consistent over time.

Summary: During May 2024, 1 homes were sold in 15331; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in 15331, PA

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