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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15089 is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

15089 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15089, PA

How much do homes in 15089, PA cost?

Median Sold Price

$183,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,000(+18.1%)

Key Takeaway

Homes in 15089 have sold for 18.1% more than they did a year ago.

Summary: The median home sold price in 15089 was $183,000 in November 2024, up 18.1% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$149K
N/A
2 $112K$129.9K
+16.0%
3 $176.7K$183K
+3.5%
4 $209.9K$254.5K
+21.2%
5+ -$70K
N/A

Summary: 15089 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 21.2%, 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

Oct 2024Nov 2024CHANGE
1722+29.4%

Summary: The 15089 real estate market had 22 homes for sale in November 2024, a 29.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 910
+11.1%
4 44
0.0%
5+ 12
+100.0%

Summary: The 15089 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

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 15089, 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 15089 in November 2024, the same as the previous 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 15089, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days17 Days-38.6%

Summary: Homes in 15089 had an average of 17 days on market in Nov 2024, down by 38.6% 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 November 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 21 Days Ago

Newest Listings in 15089, PA

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