Is 15203, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15203 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15203 was a Neutral Market.

Key Takeaway

15203 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15203, PA

How much do homes in 15203, PA cost?

Median Sold Price

$227,500

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$35,000(-13.3%)

Key Takeaway

Homes in 15203 have sold for 13.3% less than they did a year ago.

Summary: The median home sold price in 15203 was $227,500 in October 2024, down 13.3% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $199.5K$292.5K
+46.6%
2 $282K$244.5K
-13.3%
3 $279.9K$232.5K
-16.9%
4 $206.5K$202.5K
-2.0%
5+ $224K$173.4K
-22.5%

Summary: 15203 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.6%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 16.9%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 22.5%.

Median Sold Price Compared To Nearby Zip Codes

15210
+34.7%
15213
+0.7%
15211
-7.6%
15203
-13.3%

Housing Supply in 15203, PA

How many homes are available in 15203, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
100114+14.0%

Summary: The 15203 real estate market had 114 homes for sale in October 2024, a 14.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 78
+14.3%
2 2728
+3.7%
3 5159
+15.7%
4 1116
+45.5%
5+ 43
-25.0%

Summary: The 15203 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
126-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15203, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 15203 in October 2024, down by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 15203, PA

How long does it take to sell a home in 15203, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
58 Days46 Days-20.2%

Summary: Homes in 15203 had an average of 46 days on market in Oct 2024, down by 20.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 15203 has remained consistent over time.

Summary: During October 2024, 6 homes were sold in 15203; 17% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 0% 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 15203, PA

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