Is 15537, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15537 is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, 15537 was a Seller's Market.

Key Takeaway

15537 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 15537, PA

How much do homes in 15537, PA cost?

Median Sold Price

$225,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$30,000(+15.4%)

Key Takeaway

Homes in 15537 have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in 15537 was $225,000 in September 2024, up 15.4% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $77K-
N/A
2 $130K$150K
+15.4%
3 $207.5K$265K
+27.7%
4 $260K$498K
+91.5%
5+ -$165K
N/A

Summary: 15537 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 27.7%, 4 bedroom homes increased by 91.5%, and 5+ bedroom homes did not change.

Housing Supply in 15537, PA

How many homes are available in 15537, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1214+16.7%

Summary: The 15537 real estate market had 14 homes for sale in September 2024, a 16.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 44
0.0%
3 43
-25.0%
4 25
+150.0%
5+ 22
0.0%

Summary: The 15537 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15537, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 15537 in September 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 15537, PA

How long does it take to sell a home in 15537, PA?

Average Sale Time

Sep 2023Sep 2024CHANGE
10 Days138 Days+1198.4%

Summary: Homes in 15537 had an average of 138 days on market in Sep 2024, up by 1198.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 15537 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 2 homes were sold in 15537; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 30 Days Ago

Newest Listings in 15537, PA

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