Is 15001, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15001 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 15001 was a Seller's Market.

Key Takeaway

15001 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 15001, PA

How much do homes in 15001, PA cost?

Median Sold Price

$175,600

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$700(+0.4%)

Key Takeaway

The sold price of homes in 15001 has remained the same since last year.

Summary: The median home sold price in 15001 was $175,600 in November 2024, up 0.4% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K-
N/A
2 $143.5K$135.9K
-5.3%
3 $186.5K$180K
-3.5%
4 $280K$309.4K
+10.5%
5+ $255K$165K
-35.3%

Summary: 15001 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 35.3%.

Median Sold Price Compared To Nearby Zip Codes

15061
+6.1%
15001
0.4%

Housing Supply in 15001, PA

How many homes are available in 15001, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
149155+4.0%

Summary: The 15001 real estate market had 155 homes for sale in November 2024, a 4.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 3035
+16.7%
3 8186
+6.2%
4 3026
-13.3%
5+ 77
0.0%

Summary: The 15001 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2723-14.8%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15001, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 15001 in November 2024, down by 14.8% month-over-month. Of the 23 sold homes, 43% were sold under asking, 30% were sold at asking, and 26% were sold over asking.

Days on Market for 15001, PA

How long does it take to sell a home in 15001, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days37 Days+83.9%

Summary: Homes in 15001 had an average of 37 days on market in Nov 2024, up by 83.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15001 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 23 homes were sold in 15001; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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