Is 15697, 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, 15697 has remained a Seller's Market.
Key Takeaway
15697 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15697, PA
How much do homes in 15697, PA cost?
Median Sold Price
$163,250
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 15697 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 15697 was $163,250 in April 2024, up 7.1% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $128.7K | -22.0% |
| 3 Bedrooms | $145.5K | $175.7K | +20.8% |
| 4 Bedrooms | $95K | $210K | +121.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: 15697 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 decreased by 22%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 121.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 15639 | $206.2K | $238.7K | +15.8% |
| 15697 | $152.4K | $163.2K | +7.1% |
| 15601 | $228K | $235K | +3.1% |
Housing Supply in 15697, PA
How many homes are available in 15697, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 15697 real estate market had 15 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 15697 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 decreased by 50%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 15697, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 15697 in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 15697, PA
How long does it take to sell a home in 15697, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 52 Days | 40 Days | -22.5% |
Summary: Homes in 15697 had an average of 40 days on market in Apr 2024, down by 22.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 15697 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in 15697; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
