Is 15017, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15017 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 15017 has remained a Seller's Market.

Key Takeaway

15017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15017, PA

How much do homes in 15017, PA cost?

Median Sold Price

$283,333

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,333(+6.9%)

Key Takeaway

Homes in 15017 have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in 15017 was $283,333 in October 2024, up 6.9% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70K$88K
+25.7%
2 $163.7K$190.2K
+16.2%
3 $279.2K$296.2K
+6.1%
4 $434.5K$481K
+10.7%
5+ $240K$498.5K
+107.7%

Summary: 15017 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.7%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 107.7%.

Median Sold Price Compared To Nearby Zip Codes

15241
+13.4%
15017
+6.9%

Housing Supply in 15017, PA

How many homes are available in 15017, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8388+6.0%

Summary: The 15017 real estate market had 88 homes for sale in October 2024, a 6.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1515
0.0%
3 5459
+9.3%
4 1011
+10.0%
5+ 32
-33.3%

Summary: The 15017 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1817-5.6%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15017, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 15017 in October 2024, down by 5.6% month-over-month. Of the 17 sold homes, 53% were sold under asking, 24% were sold at asking, and 24% were sold over asking.

Days on Market for 15017, PA

How long does it take to sell a home in 15017, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days31 Days-18.1%

Summary: Homes in 15017 had an average of 31 days on market in Oct 2024, down by 18.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15017 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 15017; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% 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 4 Days Ago

Newest Listings in 15017, PA

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