Is 15024, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15024 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 15024 has remained a Buyer's Market.

Key Takeaway

15024 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15024, PA

How much do homes in 15024, PA cost?

Median Sold Price

$264,950

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,950(+20.4%)

Key Takeaway

Homes in 15024 have sold for 20.4% more than they did a year ago.

Summary: The median home sold price in 15024 was $264,950 in November 2024, up 20.4% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $173K$174.9K
+1.1%
3 $220K$255K
+15.9%
4 $325K$449.7K
+38.4%
5+ $560.5K$550K
-1.9%

Summary: 15024 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 1.1%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes decreased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

15238
+40.0%
15024
+20.4%

Housing Supply in 15024, PA

How many homes are available in 15024, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
30300.0%

Summary: The 15024 real estate market had 30 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1919
0.0%
4 66
0.0%
5+ 21
-50.0%

Summary: The 15024 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15024, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 15024 in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 15024, PA

How long does it take to sell a home in 15024, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
95 Days7 Days-92.6%

Summary: Homes in 15024 had an average of 7 days on market in Nov 2024, down by 92.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15024 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 15024; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in 15024, PA

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