Is 15226, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15226 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 15226 has remained a Seller's Market.

Key Takeaway

15226 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15226, PA

How much do homes in 15226, PA cost?

Median Sold Price

$210,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,750(+8.1%)

Key Takeaway

Homes in 15226 have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in 15226 was $210,000 in October 2024, up 8.1% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $67K-
N/A
2 $162.2K$165.9K
+2.3%
3 $199K$212.5K
+6.8%
4 $237.5K$259.5K
+9.3%
5+ $374K$299.3K
-20.0%

Summary: 15226 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Zip Codes

15210
+34.7%
15216
+10.6%
15234
+9.4%
15226
+8.1%
15211
-7.6%

Housing Supply in 15226, PA

How many homes are available in 15226, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6670+6.1%

Summary: The 15226 real estate market had 70 homes for sale in October 2024, a 6.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 913
+44.4%
3 4446
+4.5%
4 108
-20.0%
5+ 33
0.0%

Summary: The 15226 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1716-5.9%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15226, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 15226 in October 2024, down by 5.9% month-over-month. Of the 16 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for 15226, PA

How long does it take to sell a home in 15226, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days21 Days-35.5%

Summary: Homes in 15226 had an average of 21 days on market in Oct 2024, down by 35.5% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15226 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in 15226; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% 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 4 Days Ago

Newest Listings in 15226, PA

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