Is 15005, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15005 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 15005 has remained a Seller's Market.

Key Takeaway

15005 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15005, PA

How much do homes in 15005, PA cost?

Median Sold Price

$310,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$124,000(+66.7%)

Key Takeaway

Homes in 15005 have sold for 66.7% more than they did a year ago.

Summary: The median home sold price in 15005 was $310,000 in November 2024, up 66.7% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$58K
N/A
2 $150K$175K
+16.7%
3 $181.9K$249K
+36.9%
4 $365K$425K
+16.4%
5+ $1.6M$1.5M
-5.5%

Summary: 15005 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 increased by 16.7%, 3 bedroom homes increased by 36.9%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes decreased by 5.5%.

Median Sold Price Compared To Nearby Zip Codes

15005
+66.7%
15003
+18.6%
15143
+17.2%
15042
+12.0%

Housing Supply in 15005, PA

How many homes are available in 15005, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4842-12.5%

Summary: The 15005 real estate market had 42 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 79
+28.6%
3 2519
-24.0%
4 1110
-9.1%
5+ 54
-20.0%

Summary: The 15005 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 28.6%, 3 bedroom homes decreased by 24%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15005, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 15005 in November 2024, down by 7.1% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.

Days on Market for 15005, PA

How long does it take to sell a home in 15005, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days34 Days+18.0%

Summary: Homes in 15005 had an average of 34 days on market in Nov 2024, up by 18% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15005 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in 15005; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

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