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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15211 is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, 15211 has remained a Neutral Market.

Key Takeaway

15211 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 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 October 2023

-$21,500(-7.6%)

Key Takeaway

Homes in 15211 have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in 15211 was $260,000 in October 2024, down 7.6% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $407K$115K
-71.7%
2 $242K$185K
-23.6%
3 $290K$269.5K
-7.1%
4 $270K$242.8K
-10.1%
5+ $264K$352.5K
+33.5%

Summary: 15211 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.7%, 2 bedroom homes decreased by 23.6%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 33.5%.

Median Sold Price Compared To Nearby Zip Codes

15226
+8.1%
15220
+6.5%
15211
-7.6%
15203
-13.3%

Housing Supply in 15211, PA

How many homes are available in 15211, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7675-1.3%

Summary: The 15211 real estate market had 75 homes for sale in October 2024, a 1.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 1314
+7.7%
3 4345
+4.7%
4 1511
-26.7%
5+ 32
-33.3%

Summary: The 15211 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 15211 in October 2024, down by 21.4% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% 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

Oct 2023Oct 2024CHANGE
51 Days53 Days+3.7%

Summary: Homes in 15211 had an average of 53 days on market in Oct 2024, up by 3.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 11 homes were sold in 15211; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% 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 5 Days Ago

Newest Listings in 15211, PA

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