Is 15025, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15025 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 15025 has remained a Seller's Market.

Key Takeaway

15025 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15025, PA

How much do homes in 15025, PA cost?

Median Sold Price

$176,750

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$46,850(+36.1%)

Key Takeaway

Homes in 15025 have sold for 36.1% more than they did a year ago.

Summary: The median home sold price in 15025 was $176,750 in October 2024, up 36.1% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $69K$116.9K
+69.6%
3 $120K$138.1K
+15.1%
4 $485K$417.5K
-13.9%
5+ $655K$240K
-63.4%

Summary: 15025 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 increased by 69.6%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes decreased by 63.4%.

Median Sold Price Compared To Nearby Zip Codes

15025
+36.1%
15129
+6.6%
15045
-11.6%

Housing Supply in 15025, PA

How many homes are available in 15025, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7175+5.6%

Summary: The 15025 real estate market had 75 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2124
+14.3%
3 2531
+24.0%
4 1713
-23.5%
5+ 65
-16.7%

Summary: The 15025 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 increased by 14.3%, 3 bedroom homes increased by 24%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15025, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 15025 in October 2024, up by 8.3% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.

Days on Market for 15025, PA

How long does it take to sell a home in 15025, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days44 Days+33.9%

Summary: Homes in 15025 had an average of 44 days on market in Oct 2024, up by 33.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 15025 has remained consistent over time.

Summary: During October 2024, 13 homes were sold in 15025; 31% of homes were sold within 30 days, 62% 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 5 Days Ago

Newest Listings in 15025, PA

Nearby Markets to 15025, PA