Is 15834, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 15834 has remained a Seller's Market.
Key Takeaway
15834 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15834, PA
How much do homes in 15834, PA cost?
Median Sold Price
$60,000
$37/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 15834 have sold for 9.4% less than they did a year ago.
Summary: The median home sold price in 15834 was $60,000 in May 2024, down 9.4% from last year, and the median price per square foot was $37.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $19.2K | - | N/A |
| 2 Bedrooms | $73K | $60K | -17.8% |
| 3 Bedrooms | $67.5K | $51.2K | -24.1% |
| 4 Bedrooms | $130K | $70.5K | -45.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 15834 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.8%, 3 bedroom homes decreased by 24.1%, 4 bedroom homes decreased by 45.8%, and 5+ bedroom homes did not change.
Housing Supply in 15834, PA
How many homes are available in 15834, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The 15834 real estate market had 8 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 15834 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15834, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 15834 in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 15834, PA
How long does it take to sell a home in 15834, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 18 Days | 49 Days | +172.2% |
Summary: Homes in 15834 had an average of 49 days on market in May 2024, up by 172.2% compared to last year.
Breakdown of Home Sale Times
2 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 15834 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in 15834; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
