$534 Closing Credit*
$45,000
1,009 SqFt
2 Beds
•1 Full Bath
Lorraine Ross, Listing Office: Commonwealth Real Estate Services Llc
Is 15074, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 15074 has remained a Seller's Market.
Key Takeaway
15074 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15074, PA
How much do homes in 15074, PA cost?
Median Sold Price
$129,450
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$12,550(-8.8%)
Key Takeaway
Homes in 15074 have sold for 8.8% less than they did a year ago.
Summary: The median home sold price in 15074 was $129,450 in October 2024, down 8.8% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $108K | - | N/A |
| 2 Bedrooms | $120.6K | $92.5K | -23.3% |
| 3 Bedrooms | $145K | $139.6K | -3.7% |
| 4 Bedrooms | $175K | $165K | -5.7% |
| 5+ Bedrooms | $151K | $23K | -84.8% |
Summary: 15074 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 23.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 84.8%.
Housing Supply in 15074, PA
How many homes are available in 15074, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 30 | -16.7% |
Summary: The 15074 real estate market had 30 homes for sale in October 2024, a 16.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 15074 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 15074, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 15074 in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 15074, PA
How long does it take to sell a home in 15074, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 86 Days | +112.3% |
Summary: Homes in 15074 had an average of 86 days on market in Oct 2024, up by 112.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 15074 has remained consistent over time.
Summary: During October 2024, 6 homes were sold in 15074; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
