Is 15212, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15212 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 15212 was a Seller's Market.

Key Takeaway

15212 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15212, PA

How much do homes in 15212, PA cost?

Median Sold Price

$204,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,000(+7.4%)

Key Takeaway

Homes in 15212 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 15212 was $204,000 in November 2024, up 7.4% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $52.5K$263.1K
+401.3%
2 $123K$186K
+51.2%
3 $205K$201K
-2.0%
4 $255K$250K
-2.0%
5+ $233K$257.5K
+10.5%

Summary: 15212 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 401.3%, 2 bedroom homes increased by 51.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 10.5%.

Median Sold Price Compared To Nearby Zip Codes

15214
+27.7%
15212
+7.4%
15209
+5.6%
15222
-6.6%

Housing Supply in 15212, PA

How many homes are available in 15212, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
170180+5.9%

Summary: The 15212 real estate market had 180 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 5456
+3.7%
3 6673
+10.6%
4 3637
+2.8%
5+ 1112
+9.1%

Summary: The 15212 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 increased by 3.7%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1815-16.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15212, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 15212 in November 2024, down by 16.7% month-over-month. Of the 15 sold homes, 47% were sold under asking, 7% were sold at asking, and 47% were sold over asking.

Days on Market for 15212, PA

How long does it take to sell a home in 15212, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days39 Days-19.1%

Summary: Homes in 15212 had an average of 39 days on market in Nov 2024, down by 19.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15212 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in 15212; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 13% 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

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