Is 15557, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15557 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 15557 was a Seller's Market.

Key Takeaway

15557 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15557, PA

How much do homes in 15557, PA cost?

Median Sold Price

$642,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$537,950(+517.0%)

Key Takeaway

Homes in 15557 have sold for 517% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $104K$642K
+517.0%
4 --
N/A
5+ --
N/A

Summary: 15557 housing prices by bedroom type for March 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 517%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 15557, PA

How many homes are available in 15557, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
910+11.1%

Summary: The 15557 real estate market had 10 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 22
0.0%
3 43
-25.0%
4 02
+100.0%
5+ 22
0.0%

Summary: The 15557 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

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 15557, 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 15557 in March 2024, down by 50.0% month-over-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 15557, PA

How long does it take to sell a home in 15557, PA?

Average Sale Time

Feb 2024Mar 2024CHANGE
54 Days166 Days+204.6%

Summary: Homes in 15557 had an average of 166 days on market in Mar 2024, up by 204.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 15557 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in 15557; 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 18 Days Ago

Newest Listings in 15557, PA

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