Is 15201, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15201 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 15201 was a Seller's Market.

Key Takeaway

15201 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 15201, PA

How much do homes in 15201, PA cost?

Median Sold Price

$381,562

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,812(+10.0%)

Key Takeaway

Homes in 15201 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 15201 was $381,562 in November 2024, up 10% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $266K$250K
-6.0%
2 $263K$298.8K
+13.6%
3 $375.7K$414.5K
+10.3%
4 $439K$522.7K
+19.1%
5+ $475K$500K
+5.3%

Summary: 15201 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

15201
+10.0%
15223
+8.6%
15209
+5.6%
15206
+3.8%
15224
-6.0%

Housing Supply in 15201, PA

How many homes are available in 15201, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
143144+0.7%

Summary: The 15201 real estate market had 144 homes for sale in November 2024, a 0.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1313
0.0%
2 4646
0.0%
3 5960
+1.7%
4 2323
0.0%
5+ 22
0.0%

Summary: The 15201 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 increased by 1.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2022+10.0%

Asking Price vs. Sold Price

13 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 15201, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 15201 in November 2024, up by 10.0% month-over-month. Of the 22 sold homes, 59% were sold under asking, 23% were sold at asking, and 18% were sold over asking.

Days on Market for 15201, PA

How long does it take to sell a home in 15201, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days41 Days-5.9%

Summary: Homes in 15201 had an average of 41 days on market in Nov 2024, down by 5.9% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15201 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 22 homes were sold in 15201; 59% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 23% 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 21 Days Ago

Newest Listings in 15201, PA

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