Is 15223, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15223 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 15223 was a Seller's Market.

Key Takeaway

15223 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15223, PA

How much do homes in 15223, PA cost?

Median Sold Price

$212,750

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$23,750(+12.6%)

Key Takeaway

Homes in 15223 have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in 15223 was $212,750 in December 2024, up 12.6% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $79K$106.4K
+34.7%
2 $150K$163K
+8.7%
3 $195K$218.7K
+12.2%
4 $204.2K$238K
+16.5%
5+ $180.2K$328.5K
+82.3%

Summary: 15223 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.7%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 82.3%.

Median Sold Price Compared To Nearby Zip Codes

15215
+22.7%
15116
+15.5%
15223
+12.6%
15201
+6.9%
15209
+2.0%

Housing Supply in 15223, PA

How many homes are available in 15223, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2725-7.4%

Summary: The 15223 real estate market had 25 homes for sale in December 2024, a 7.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 58
+60.0%
3 1511
-26.7%
4 55
0.0%
5+ 10
-100.0%

Summary: The 15223 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15223, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 15223 in December 2024, down by 66.7% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 15223, PA

How long does it take to sell a home in 15223, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
63 Days55 Days-12.8%

Summary: Homes in 15223 had an average of 55 days on market in Dec 2024, down by 12.8% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 15223 has remained consistent over time.

Summary: During December 2024, 3 homes were sold in 15223; 0% of homes were sold within 30 days, 100% 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 2 Days Ago

Newest Listings in 15223, PA

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