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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15201 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 15201 has remained a Buyer's Market.

Key Takeaway

15201 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15201, PA

How much do homes in 15201, PA cost?

Median Sold Price

$384,966

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$44,966(+13.2%)

Key Takeaway

Homes in 15201 have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in 15201 was $384,966 in October 2024, up 13.2% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $266K$267.5K
+0.6%
2 $265K$288.5K
+8.9%
3 $375K$433K
+15.5%
4 $420K$536.4K
+27.7%
5+ $475K$817.6K
+72.1%

Summary: 15201 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes increased by 72.1%.

Median Sold Price Compared To Nearby Zip Codes

15201
+13.2%
15206
+10.3%
15209
+2.0%
15224
+1.8%
15223
+1.0%

Housing Supply in 15201, PA

How many homes are available in 15201, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
141149+5.7%

Summary: The 15201 real estate market had 149 homes for sale in October 2024, a 5.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1314
+7.7%
2 4547
+4.4%
3 5464
+18.5%
4 2623
-11.5%
5+ 31
-66.7%

Summary: The 15201 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
19190.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 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. 68.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 15201 in October 2024, the same as the previous month. Of the 19 sold homes, 68% were sold under asking, 11% were sold at asking, and 21% 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

Oct 2023Oct 2024CHANGE
26 Days31 Days+20.4%

Summary: Homes in 15201 had an average of 31 days on market in Oct 2024, up by 20.4% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 19 homes were sold in 15201; 58% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 5% 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 20 Days Ago

Newest Listings in 15201, PA

Nearby Markets to 15201, PA