Is 15143, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15143 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15143 was a Seller's Market.

Key Takeaway

15143 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 15143, PA

How much do homes in 15143, PA cost?

Median Sold Price

$498,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,500(+12.5%)

Key Takeaway

Homes in 15143 have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in 15143 was $498,000 in October 2024, up 12.5% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $100K$150K
+50.0%
2 $235K$265K
+12.8%
3 $375K$364.9K
-2.7%
4 $607.5K$641.1K
+5.5%
5+ $1.0M$1.0M
0.1%

Summary: 15143 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.8%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 0.1%.

Median Sold Price Compared To Nearby Zip Codes

15005
+54.2%
15003
+16.3%
15143
+12.5%
15056
+0.8%

Housing Supply in 15143, PA

How many homes are available in 15143, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107111+3.7%

Summary: The 15143 real estate market had 111 homes for sale in October 2024, a 3.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 1618
+12.5%
3 3734
-8.1%
4 2834
+21.4%
5+ 2323
0.0%

Summary: The 15143 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2117-19.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15143, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 15143 in October 2024, down by 19.0% month-over-month. Of the 17 sold homes, 59% were sold under asking, 18% were sold at asking, and 24% were sold over asking.

Days on Market for 15143, PA

How long does it take to sell a home in 15143, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days24 Days-52.8%

Summary: Homes in 15143 had an average of 24 days on market in Oct 2024, down by 52.8% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15143 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 15143; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% 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 13 Days Ago

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