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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15037 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 15037 was a Seller's Market.

Key Takeaway

15037 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 15037, PA

How much do homes in 15037, PA cost?

Median Sold Price

$193,450

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,550(+7.5%)

Key Takeaway

Homes in 15037 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 15037 was $193,450 in November 2024, up 7.5% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$150K
N/A
2 $126K$150K
+19.0%
3 $200K$195.7K
-2.1%
4 $175K$283K
+61.7%
5+ $140K$22.5K
-83.9%

Summary: 15037 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 19%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 61.7%, and 5+ bedroom homes decreased by 83.9%.

Median Sold Price Compared To Nearby Zip Codes

15037
+7.5%
15135
-16.3%

Housing Supply in 15037, PA

How many homes are available in 15037, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2928-3.4%

Summary: The 15037 real estate market had 28 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2016
-20.0%
4 24
+100.0%
5+ 11
0.0%

Summary: The 15037 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 16.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15037, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 15037 in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
28 Days12 Days-56.1%

Summary: Homes in 15037 had an average of 12 days on market in Nov 2024, down by 56.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 4 homes were sold in 15037; 75% of homes were sold within 30 days, 25% 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 15037, PA

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