Is 15632, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 15632 has remained a Seller's Market.
Key Takeaway
15632 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15632, PA
How much do homes in 15632, PA cost?
Median Sold Price
$355,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 15632 have sold for 42% more than they did a year ago.
Summary: The median home sold price in 15632 was $355,000 in April 2024, up 42% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $319.9K | - | N/A |
| 2 Bedrooms | $162K | $235K | +45.1% |
| 3 Bedrooms | $210K | $242.4K | +15.5% |
| 4 Bedrooms | $390.9K | $465K | +19.0% |
| 5+ Bedrooms | $580K | $659.9K | +13.8% |
Summary: 15632 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.1%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 13.8%.
Housing Supply in 15632, PA
How many homes are available in 15632, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 34 | +30.8% |
Summary: The 15632 real estate market had 34 homes for sale in April 2024, a 30.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 15632 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 9.1%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 15632, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 15632 in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for 15632, PA
How long does it take to sell a home in 15632, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 27 Days | -48.1% |
Summary: Homes in 15632 had an average of 27 days on market in Apr 2024, down by 48.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 15632 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in 15632; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
