Is 15563, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15563 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 15563 was a Neutral Market.

Key Takeaway

15563 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15563, PA

How much do homes in 15563, PA cost?

Median Sold Price

$297,000

$141/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$217,000(+271.3%)

Key Takeaway

Homes in 15563 have sold for 271.3% more than they did a month ago.

Summary: The median home sold price in 15563 was $297,000 in April 2024, up 271.3% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $80K$297K
+271.3%
4 --
N/A
5+ --
N/A

Summary: 15563 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 271.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

15563
+271.3%
15541
+51.0%

Housing Supply in 15563, PA

How many homes are available in 15563, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
78+14.3%

Summary: The 15563 real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 45
+25.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 15563 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

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 15563, 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 15563 in April 2024, up by 100.0% month-over-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 15563, PA

How long does it take to sell a home in 15563, PA?

Average Sale Time

Mar 2024Apr 2024CHANGE
12 Days85 Days+608.3%

Summary: Homes in 15563 had an average of 85 days on market in Apr 2024, up by 608.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 15563 has remained consistent over time.

Summary: During April 2024, 2 homes were sold in 15563; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 9 Days Ago

Newest Listings in 15563, PA

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