Is 15106, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15106 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 15106 has remained a Seller's Market.

Key Takeaway

15106 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15106, PA

How much do homes in 15106, PA cost?

Median Sold Price

$220,500

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,500(+5.0%)

Key Takeaway

Homes in 15106 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 15106 was $220,500 in November 2024, up 5% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $83.4K$110K
+31.8%
2 $157K$145.6K
-7.3%
3 $239.9K$240K
0.0%
4 $242.7K$255.5K
+5.3%
5+ $259.5K$359.5K
+38.5%

Summary: 15106 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.8%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 38.5%.

Median Sold Price Compared To Nearby Zip Codes

15243
+5.9%
15106
+5.0%
15220
+4.9%
15205
0.0%

Housing Supply in 15106, PA

How many homes are available in 15106, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5351-3.8%

Summary: The 15106 real estate market had 51 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 86
-25.0%
3 3634
-5.6%
4 45
+25.0%
5+ 55
0.0%

Summary: The 15106 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15106, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 15106 in November 2024, up by 10.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for 15106, PA

How long does it take to sell a home in 15106, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days40 Days+6.4%

Summary: Homes in 15106 had an average of 40 days on market in Nov 2024, up by 6.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 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 15106 has remained consistent over time.

Summary: During November 2024, 11 homes were sold in 15106; 36% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 9% 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 15106, PA

Nearby Markets to 15106, PA