$4,453 Closing Credit*
$375,000
4,000 SqFt
5 Beds
•1 Full Bath, 2 Partial
Roxanne Humes, Listing Office: Coldwell Banker Realty
Is 15216, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 15216 was a Seller's Market.
Key Takeaway
15216 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 15216, PA
How much do homes in 15216, PA cost?
Median Sold Price
$232,500
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,250(+9.0%)
Key Takeaway
Homes in 15216 have sold for 9% more than they did a year ago.
Summary: The median home sold price in 15216 was $232,500 in November 2024, up 9% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103.1K | $122.7K | +19.0% |
| 2 Bedrooms | $152.7K | $164.5K | +7.7% |
| 3 Bedrooms | $210.5K | $235K | +11.6% |
| 4 Bedrooms | $310K | $349K | +12.6% |
| 5+ Bedrooms | $386K | $297.5K | -22.9% |
Summary: 15216 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 22.9%.
Housing Supply in 15216, PA
How many homes are available in 15216, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 85 | +10.4% |
Summary: The 15216 real estate market had 85 homes for sale in November 2024, a 10.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 15 | +50.0% |
| 3 Bedrooms | 43 | 48 | +11.6% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 15216 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 50%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15216, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in 15216 in November 2024, down by 22.2% month-over-month. Of the 14 sold homes, 36% were sold under asking, 43% were sold at asking, and 21% were sold over asking.
Days on Market for 15216, PA
How long does it take to sell a home in 15216, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 37 Days | +63.6% |
Summary: Homes in 15216 had an average of 37 days on market in Nov 2024, up by 63.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15216 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in 15216; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
