Is 15055, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15055 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15055 was a Neutral Market.

Key Takeaway

15055 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15055, PA

How much do homes in 15055, PA cost?

Median Sold Price

$281,750

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,300(+9.4%)

Key Takeaway

Homes in 15055 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 15055 was $281,750 in October 2024, up 9.4% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $228.5K$242.5K
+6.1%
3 $264.9K$281.7K
+6.3%
4 -$440K
N/A
5+ --
N/A

Summary: 15055 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 6.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

15241
+13.4%
15055
+9.4%
15017
+6.9%
15317
-2.3%

Housing Supply in 15055, PA

How many homes are available in 15055, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The 15055 real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 54
-20.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 15055 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 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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 15055, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 15055 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 15055, PA

How long does it take to sell a home in 15055, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days64 Days+130.4%

Summary: Homes in 15055 had an average of 64 days on market in Oct 2024, up by 130.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 15055 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 15055; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

Newest Listings in 15055, PA

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