Is 15211, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 15211 was a Seller's Market.
Key Takeaway
15211 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 15211, PA
How much do homes in 15211, PA cost?
Median Sold Price
$272,500
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 15211 have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in 15211 was $272,500 in May 2024, up 0.8% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $463.5K | +106.0% |
| 2 Bedrooms | $216K | $267.5K | +23.8% |
| 3 Bedrooms | $300K | $267.5K | -10.8% |
| 4 Bedrooms | $270K | $235K | -13.0% |
| 5+ Bedrooms | $251.5K | $360K | +43.1% |
Summary: 15211 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106%, 2 bedroom homes increased by 23.8%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 43.1%.
Housing Supply in 15211, PA
How many homes are available in 15211, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 75 | 82 | +9.3% |
Summary: The 15211 real estate market had 82 homes for sale in May 2024, a 9.3% 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 | 19 | 22 | +15.8% |
| 3 Bedrooms | 42 | 44 | +4.8% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 15211 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 increased by 15.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15211, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 15211 in May 2024, up by 37.5% month-over-month. Of the 11 sold homes, 64% were sold under asking, 0% were sold at asking, and 36% were sold over asking.
Days on Market for 15211, PA
How long does it take to sell a home in 15211, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 50 Days | 37 Days | -24.5% |
Summary: Homes in 15211 had an average of 37 days on market in May 2024, down by 24.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 15211 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in 15211; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
