Is 15022, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15022 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 15022 has remained a Seller's Market.

Key Takeaway

15022 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15022, PA

How much do homes in 15022, PA cost?

Median Sold Price

$94,750

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,250(+5.9%)

Key Takeaway

Homes in 15022 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 15022 was $94,750 in October 2024, up 5.9% from last year, and the median price per square foot was $69.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $108.9K-
N/A
2 $64.9K$58K
-10.6%
3 $101K$142.4K
+41.0%
4 $112K$79K
-29.5%
5+ $250.5K$611.4K
+144.1%

Summary: 15022 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.6%, 3 bedroom homes increased by 41%, 4 bedroom homes decreased by 29.5%, and 5+ bedroom homes increased by 144.1%.

Median Sold Price Compared To Nearby Zip Codes

15063
+12.2%
15423
+9.4%
15022
+5.9%
15062
-0.5%

Housing Supply in 15022, PA

How many homes are available in 15022, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4951+4.1%

Summary: The 15022 real estate market had 51 homes for sale in October 2024, a 4.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 2730
+11.1%
4 77
0.0%
5+ 33
0.0%

Summary: The 15022 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 decreased by 8.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15022, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 15022 in October 2024, up by 71.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.

Days on Market for 15022, PA

How long does it take to sell a home in 15022, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days25 Days-2.5%

Summary: Homes in 15022 had an average of 25 days on market in Oct 2024, down by 2.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15022 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 15022; 75% of homes were sold within 30 days, 17% 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 23 Days Ago

Newest Listings in 15022, PA

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