Is 15211, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15211 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 15211 was a Seller's Market.

Key Takeaway

15211 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15211, PA

How much do homes in 15211, PA cost?

Median Sold Price

$260,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$23,000(-8.1%)

Key Takeaway

Homes in 15211 have sold for 8.1% less than they did a year ago.

Summary: The median home sold price in 15211 was $260,000 in November 2024, down 8.1% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $407K$115K
-71.7%
2 $222.5K$185K
-16.9%
3 $299.9K$267K
-11.0%
4 $246.5K$242.7K
-1.5%
5+ $289.5K$360K
+24.4%

Summary: 15211 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.7%, 2 bedroom homes decreased by 16.9%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 24.4%.

Median Sold Price Compared To Nearby Zip Codes

15226
+9.3%
15220
+4.9%
15219
+4.1%
15211
-8.1%
15203
-15.8%

Housing Supply in 15211, PA

How many homes are available in 15211, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7475+1.4%

Summary: The 15211 real estate market had 75 homes for sale in November 2024, a 1.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 1413
-7.1%
3 4247
+11.9%
4 1311
-15.4%
5+ 22
0.0%

Summary: The 15211 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15211, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 15211 in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for 15211, PA

How long does it take to sell a home in 15211, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
63 Days30 Days-52.4%

Summary: Homes in 15211 had an average of 30 days on market in Nov 2024, down by 52.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15211 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 15211; 57% of homes were sold within 30 days, 43% 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 21 Days Ago

Newest Listings in 15211, PA

Nearby Markets to 15211, PA