Is 15342, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 15342 has remained a Seller's Market.
Key Takeaway
15342 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15342, PA
How much do homes in 15342, PA cost?
Median Sold Price
$265,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15342 have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in 15342 was $265,000 in March 2024, up 12.8% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | - | N/A |
| 2 Bedrooms | $177.5K | $192K | +8.2% |
| 3 Bedrooms | $249.2K | $263K | +5.5% |
| 4 Bedrooms | $320K | $376K | +17.5% |
| 5+ Bedrooms | $232K | $571K | +146.1% |
Summary: 15342 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 8.2%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 146.1%.
Housing Supply in 15342, PA
How many homes are available in 15342, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Summary: The 15342 real estate market had 13 homes for sale in March 2024, a 62.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 4 | 8 | +100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 15342 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 15342, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 15342 in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 15342, PA
How long does it take to sell a home in 15342, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 95 Days | 9 Days | -89.9% |
Summary: Homes in 15342 had an average of 9 days on market in Mar 2024, down by 89.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15342 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in 15342; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
