Is 15101, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15101 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 15101 has remained a Seller's Market.

Key Takeaway

15101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15101, PA

How much do homes in 15101, PA cost?

Median Sold Price

$366,750

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,750(+9.5%)

Key Takeaway

Homes in 15101 have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in 15101 was $366,750 in November 2024, up 9.5% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $230K$261.5K
+13.7%
3 $290K$326.4K
+12.6%
4 $416K$515K
+23.8%
5+ $561.5K$677.5K
+20.6%

Summary: 15101 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 13.7%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 20.6%.

Median Sold Price Compared To Nearby Zip Codes

15238
+40.0%
15237
+13.1%
15116
+12.4%
15101
+9.5%
15044
-1.9%

Housing Supply in 15101, PA

How many homes are available in 15101, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7273+1.4%

Summary: The 15101 real estate market had 73 homes for sale in November 2024, a 1.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 99
0.0%
3 3835
-7.9%
4 1922
+15.8%
5+ 56
+20.0%

Summary: The 15101 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 remained the same, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1821+16.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15101, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 15101 in November 2024, up by 16.7% month-over-month. Of the 21 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.

Days on Market for 15101, PA

How long does it take to sell a home in 15101, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days30 Days+46.6%

Summary: Homes in 15101 had an average of 30 days on market in Nov 2024, up by 46.6% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15101 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 21 homes were sold in 15101; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% 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

Newest Listings in 15101, PA

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