Is 15237, 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, 15237 has remained a Seller's Market.
Key Takeaway
15237 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15237, PA
How much do homes in 15237, PA cost?
Median Sold Price
$332,250
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 15237 have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in 15237 was $332,250 in April 2024, up 10.6% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.5K | $125K | +5.5% |
| 2 Bedrooms | $210K | $220K | +4.8% |
| 3 Bedrooms | $282K | $305.4K | +8.3% |
| 4 Bedrooms | $420K | $440K | +4.8% |
| 5+ Bedrooms | $485.5K | $536K | +10.4% |
Summary: 15237 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 10.4%.
Housing Supply in 15237, PA
How many homes are available in 15237, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 116 | 128 | +10.3% |
Summary: The 15237 real estate market had 128 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 19 | 15 | -21.1% |
| 3 Bedrooms | 53 | 59 | +11.3% |
| 4 Bedrooms | 33 | 40 | +21.2% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The 15237 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 40 | +42.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15237, you could pay more than the asking price. 47.5% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in 15237 in April 2024, up by 42.9% month-over-month. Of the 40 sold homes, 38% were sold under asking, 15% were sold at asking, and 48% were sold over asking.
Days on Market for 15237, PA
How long does it take to sell a home in 15237, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 30 Days | +15.7% |
Summary: Homes in 15237 had an average of 30 days on market in Apr 2024, up by 15.7% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15237 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 40 homes were sold in 15237; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
