Is 15137, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15137 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15137 was a Seller's Market.

Key Takeaway

15137 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 15137, PA

How much do homes in 15137, PA cost?

Median Sold Price

$135,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,300(-2.4%)

Key Takeaway

Homes in 15137 have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in 15137 was $135,000 in October 2024, down 2.4% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $27K-
N/A
2 $87K$104.7K
+20.4%
3 $152K$139.5K
-8.2%
4 $150K$144.9K
-3.4%
5+ $185K$314.5K
+70.0%

Summary: 15137 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 20.4%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 70%.

Housing Supply in 15137, PA

How many homes are available in 15137, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5355+3.8%

Summary: The 15137 real estate market had 55 homes for sale in October 2024, a 3.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1514
-6.7%
3 2628
+7.7%
4 1010
0.0%
5+ 23
+50.0%

Summary: The 15137 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 decreased by 6.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
59+80.0%

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 15137, 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 15137 in October 2024, up by 80.0% 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 15137, PA

How long does it take to sell a home in 15137, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days75 Days+53.1%

Summary: Homes in 15137 had an average of 75 days on market in Oct 2024, up by 53.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15137 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 15137; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

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