Is 15217, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15217 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 15217 was a Seller's Market.

Key Takeaway

15217 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 15217, PA

How much do homes in 15217, PA cost?

Median Sold Price

$421,935

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,935(+0.5%)

Key Takeaway

The sold price of homes in 15217 has remained the same since last year.

Summary: The median home sold price in 15217 was $421,935 in November 2024, up 0.5% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $147.5K$197.5K
+33.9%
2 $241K$232.5K
-3.5%
3 $303.2K$299.5K
-1.2%
4 $440K$493.7K
+12.2%
5+ $780.9K$870K
+11.4%

Summary: 15217 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.9%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 11.4%.

Median Sold Price Compared To Nearby Zip Codes

15218
+4.5%
15213
+4.0%
15217
0.5%
15232
-4.0%

Housing Supply in 15217, PA

How many homes are available in 15217, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7877-1.3%

Summary: The 15217 real estate market had 77 homes for sale in November 2024, a 1.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 710
+42.9%
3 3126
-16.1%
4 1819
+5.6%
5+ 2121
0.0%

Summary: The 15217 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 42.9%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1612-25.0%

Asking Price vs. Sold Price

9 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 15217, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 15217 in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.

Days on Market for 15217, PA

How long does it take to sell a home in 15217, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days48 Days+15.2%

Summary: Homes in 15217 had an average of 48 days on market in Nov 2024, up by 15.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 15217 has remained consistent over time.

Summary: During November 2024, 12 homes were sold in 15217; 33% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 25% 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 15217, PA

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