Is 15666, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15666 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 15666 has remained a Seller's Market.

Key Takeaway

15666 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15666, PA

How much do homes in 15666, PA cost?

Median Sold Price

$191,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$26,000(+15.8%)

Key Takeaway

Homes in 15666 have sold for 15.8% more than they did a year ago.

Summary: The median home sold price in 15666 was $191,000 in March 2024, up 15.8% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $86.5K$148K
+71.1%
2 $117.6K$135K
+14.8%
3 $172.5K$196K
+13.6%
4 $188.5K$319K
+69.2%
5+ $417K$239.9K
-42.5%

Summary: 15666 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.1%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 69.2%, and 5+ bedroom homes decreased by 42.5%.

Housing Supply in 15666, PA

How many homes are available in 15666, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3026-13.3%

Summary: The 15666 real estate market had 26 homes for sale in March 2024, a 13.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2016
-20.0%
4 55
0.0%
5+ 21
-50.0%

Summary: The 15666 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 increased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15666, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 15666 in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for 15666, PA

How long does it take to sell a home in 15666, PA?

Average Sale Time

Mar 2023Mar 2024CHANGE
60 Days61 Days+1.9%

Summary: Homes in 15666 had an average of 61 days on market in Mar 2024, up by 1.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 15666 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 7 homes were sold in 15666; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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 28 Days Ago

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