Is 15037, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15037 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 15037 has remained a Seller's Market.

Key Takeaway

15037 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15037, PA

How much do homes in 15037, PA cost?

Median Sold Price

$188,450

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,450(+4.7%)

Key Takeaway

Homes in 15037 have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in 15037 was $188,450 in October 2024, up 4.7% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$150K
N/A
2 $120.5K$150K
+24.5%
3 $206.2K$193.4K
-6.2%
4 $192.5K$283K
+47.0%
5+ $140K$22.5K
-83.9%

Summary: 15037 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 24.5%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 47%, and 5+ bedroom homes decreased by 83.9%.

Median Sold Price Compared To Nearby Zip Codes

15037
+4.7%
15135
-12.2%

Housing Supply in 15037, PA

How many homes are available in 15037, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2934+17.2%

Summary: The 15037 real estate market had 34 homes for sale in October 2024, a 17.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 26
+200.0%
3 2123
+9.5%
4 64
-33.3%
5+ 01
+100.0%

Summary: The 15037 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 200%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15037, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 15037 in October 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for 15037, PA

How long does it take to sell a home in 15037, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days48 Days+287.5%

Summary: Homes in 15037 had an average of 48 days on market in Oct 2024, up by 287.5% compared to last year.

Breakdown of Home Sale Times

3 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 15037 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 15037; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 15037, PA

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