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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15106 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15106 was a Seller's Market.

Key Takeaway

15106 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 15106, PA

How much do homes in 15106, PA cost?

Median Sold Price

$225,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,000(+6.6%)

Key Takeaway

Homes in 15106 have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in 15106 was $225,000 in October 2024, up 6.6% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $83.4K$110K
+31.8%
2 $158K$147.5K
-6.6%
3 $241.7K$245K
+1.3%
4 $242.7K$255.5K
+5.3%
5+ $249K$325K
+30.5%

Summary: 15106 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.8%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 30.5%.

Median Sold Price Compared To Nearby Zip Codes

15106
+6.6%
15220
+6.5%
15205
+4.9%
15243
+1.7%

Housing Supply in 15106, PA

How many homes are available in 15106, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6457-10.9%

Summary: The 15106 real estate market had 57 homes for sale in October 2024, a 10.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 78
+14.3%
3 3836
-5.3%
4 116
-45.5%
5+ 66
0.0%

Summary: The 15106 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
189-50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 15106 in October 2024, down by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% 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

Oct 2023Oct 2024CHANGE
50 Days34 Days-31.9%

Summary: Homes in 15106 had an average of 34 days on market in Oct 2024, down by 31.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15106 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 15106; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 14 Days Ago

Newest Listings in 15106, PA

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