Is 15431, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 15431 was a Buyer's Market.
Key Takeaway
15431 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15431, PA
How much do homes in 15431, PA cost?
Median Sold Price
$211,750
$153/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 15431 have sold for 236.1% more than they did a month ago.
Summary: The median home sold price in 15431 was $211,750 in April 2024, up 236.1% from last month, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $63K | $238.5K | +278.6% |
| 4 Bedrooms | - | $100K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 15431 housing prices by bedroom type for April 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 increased by 278.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 15431, PA
How many homes are available in 15431, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The 15431 real estate market had 13 homes for sale in April 2024, a 30.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 15431 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15431, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 15431 in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 15431, PA
How long does it take to sell a home in 15431, PA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 176 Days | 129 Days | -26.4% |
Summary: Homes in 15431 had an average of 129 days on market in Apr 2024, down by 26.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15431 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in 15431; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
