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 November 2023

Since last year, 15203 has remained a Buyer's 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

$225,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$42,250(-15.8%)

Key Takeaway

Homes in 15203 have sold for 15.8% less than they did a year ago.

Summary: The median home sold price in 15203 was $225,000 in November 2024, down 15.8% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $199.5K$270K
+35.3%
2 $284K$255K
-10.2%
3 $285K$227.5K
-20.2%
4 $206.5K$202.5K
-2.0%
5+ $224K$184.5K
-17.6%

Summary: 15203 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.3%, 2 bedroom homes decreased by 10.2%, 3 bedroom homes decreased by 20.2%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 17.6%.

Median Sold Price Compared To Nearby Zip Codes

15210
+28.7%
15219
+4.1%
15213
+4.0%
15211
-8.1%
15203
-15.8%

Housing Supply in 15203, PA

How many homes are available in 15203, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
105111+5.7%

Summary: The 15203 real estate market had 111 homes for sale in November 2024, a 5.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 88
0.0%
2 2729
+7.4%
3 5253
+1.9%
4 1517
+13.3%
5+ 34
+33.3%

Summary: The 15203 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 increased by 7.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 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. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 15203 in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% 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

Nov 2023Nov 2024CHANGE
97 Days57 Days-41.1%

Summary: Homes in 15203 had an average of 57 days on market in Nov 2024, down by 41.1% compared to last year.

Breakdown of Home Sale Times

5 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 15203 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in 15203; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% 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 15203, PA

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