Is 15683, 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, 15683 has remained a Seller's Market.
Key Takeaway
15683 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15683, PA
How much do homes in 15683, PA cost?
Median Sold Price
$161,250
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 15683 have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in 15683 was $161,250 in March 2024, up 10.4% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $122K | $94.2K | -22.8% |
| 3 Bedrooms | $159K | $165K | +3.8% |
| 4 Bedrooms | $105.9K | $207K | +95.4% |
| 5+ Bedrooms | $130K | - | N/A |
Summary: 15683 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 decreased by 22.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 95.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 15683 | $146.1K | $161.2K | +10.4% |
| 15425 | $147K | $154.9K | +5.4% |
Housing Supply in 15683, PA
How many homes are available in 15683, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The 15683 real estate market had 24 homes for sale in March 2024, a 4.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 15683 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 20%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15683, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 15683 in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for 15683, PA
How long does it take to sell a home in 15683, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 57 Days | -1.6% |
Summary: Homes in 15683 had an average of 57 days on market in Mar 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 15683 has remained consistent over time.
Summary: During March 2024, 5 homes were sold in 15683; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
