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 8 Days Ago

Newest Listings in 15022, PA

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