Is 15642, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 15642 has remained a Seller's Market.
Housing Prices in 15642, PA
How much do homes in 15642, PA cost?
Median Sold Price
$235,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 15642 was $235,000 in March 2024, down 0.3% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $55K | N/A |
2 Bedrooms | $129.9K | $176.5K | +35.9% |
3 Bedrooms | $227.8K | $220.8K | -3.1% |
4 Bedrooms | $375K | $395K | +5.3% |
5+ Bedrooms | $470K | $635K | +35.1% |
Summary: 15642 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.9%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 35.1%.
Housing Supply in 15642, PA
How many homes are available in 15642, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
98 | 99 | +1.0% |
Summary: The 15642 real estate market had 99 homes for sale in March 2024, a 1.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 50 | 53 | +6.0% |
4 Bedrooms | 30 | 31 | +3.3% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 15642 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 decreased by 8.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 20 | -37.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 15642 in March 2024, down by 37.5% month-over-month. Of the 20 sold homes, 60% were sold under asking, 15% were sold at asking, and 25% were sold over asking.
Days on Market for 15642, PA
How long does it take to sell a home in 15642, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 60 Days | -3.0% |
Summary: Homes in 15642 had an average of 60 days on market in Mar 2024, down by 3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 15642; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.