Is 15089, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15089 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15089 was a Seller's Market.

Key Takeaway

15089 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 15089, PA

How much do homes in 15089, PA cost?

Median Sold Price

$178,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+16.3%)

Key Takeaway

Homes in 15089 have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in 15089 was $178,000 in October 2024, up 16.3% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$149K
N/A
2 $106K$129.9K
+22.6%
3 $180K$173.5K
-3.6%
4 $209.9K$263K
+25.3%
5+ -$70K
N/A

Summary: 15089 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 22.6%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 25.3%, and 5+ bedroom homes did not change.

Housing Supply in 15089, PA

How many homes are available in 15089, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1214+16.7%

Summary: The 15089 real estate market had 14 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 88
0.0%
4 43
-25.0%
5+ 01
+100.0%

Summary: The 15089 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 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 15089, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 15089 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 15089, PA

How long does it take to sell a home in 15089, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days23 Days+178.8%

Summary: Homes in 15089 had an average of 23 days on market in Oct 2024, up by 178.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 15089 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 15089; 50% of homes were sold within 30 days, 50% 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 7 Days Ago

Newest Listings in 15089, PA

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