Is 15061, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15061 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15061 was a Seller's Market.

Key Takeaway

15061 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15061, PA

How much do homes in 15061, PA cost?

Median Sold Price

$224,500

$144/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in 15061 has remained the same since last year.

Summary: The median home sold price in 15061 was $224,500 in October 2024, the same as last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$88.5K
N/A
2 $132K$127.5K
-3.4%
3 $225K$223.5K
-0.7%
4 $350K$341.2K
-2.5%
5+ $439.5K$347.5K
-20.9%

Summary: 15061 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 decreased by 3.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 20.9%.

Median Sold Price Compared To Nearby Zip Codes

15009
+3.5%
15061
0.0%
15052
0.0%
15001
-5.4%

Housing Supply in 15061, PA

How many homes are available in 15061, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4450+13.6%

Summary: The 15061 real estate market had 50 homes for sale in October 2024, a 13.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1011
+10.0%
3 2327
+17.4%
4 99
0.0%
5+ 23
+50.0%

Summary: The 15061 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 10%, 3 bedroom homes increased by 17.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15061, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 15061 in October 2024, down by 70.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 15061, PA

How long does it take to sell a home in 15061, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
55 Days71 Days+30.3%

Summary: Homes in 15061 had an average of 71 days on market in Oct 2024, up by 30.3% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 15061 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 15061; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 14 Days Ago

Newest Listings in 15061, PA

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