Is 15057, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15057 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 15057 has remained a Seller's Market.

Key Takeaway

15057 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15057, PA

How much do homes in 15057, PA cost?

Median Sold Price

$407,500

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,500(+7.2%)

Key Takeaway

Homes in 15057 have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in 15057 was $407,500 in October 2024, up 7.2% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $72.2K$66.2K
-8.3%
2 $160K$116K
-27.5%
3 $252K$270K
+7.1%
4 $427.2K$485K
+13.5%
5+ $556K$619.4K
+11.4%

Summary: 15057 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 27.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 11.4%.

Housing Supply in 15057, PA

How many homes are available in 15057, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5347-11.3%

Summary: The 15057 real estate market had 47 homes for sale in October 2024, a 11.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1816
-11.1%
4 2824
-14.3%
5+ 43
-25.0%

Summary: The 15057 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 33.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1611-31.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15057, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 15057 in October 2024, down by 31.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.

Days on Market for 15057, PA

How long does it take to sell a home in 15057, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days28 Days-46.7%

Summary: Homes in 15057 had an average of 28 days on market in Oct 2024, down by 46.7% compared to last year.

Breakdown of Home Sale Times

8 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 15057 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 15057; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% 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 17 Days Ago

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