$2,957 Closing Credit*
$249,000
1,082 SqFt
2 Beds
•1 Full Bath, 1 Partial
Saran Gurung, Listing Office: Realty One Group Gold Standard
Is 15227, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 15227 has remained a Seller's Market.
Key Takeaway
15227 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15227, PA
How much do homes in 15227, PA cost?
Median Sold Price
$195,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+8.3%)
Key Takeaway
Homes in 15227 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 15227 was $195,000 in November 2024, up 8.3% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $148.2K | $165K | +11.3% |
| 3 Bedrooms | $190K | $210K | +10.5% |
| 4 Bedrooms | $205.2K | $237.2K | +15.6% |
| 5+ Bedrooms | $285K | $214.9K | -24.6% |
Summary: 15227 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 24.6%.
Housing Supply in 15227, PA
How many homes are available in 15227, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 144 | 139 | -3.5% |
Summary: The 15227 real estate market had 139 homes for sale in November 2024, a 3.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 31 | 29 | -6.5% |
| 3 Bedrooms | 85 | 83 | -2.4% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 15227 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 decreased by 6.5%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15227, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 15227 in November 2024, up by 8.3% month-over-month. Of the 26 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for 15227, PA
How long does it take to sell a home in 15227, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 36 Days | -8.5% |
Summary: Homes in 15227 had an average of 36 days on market in Nov 2024, down by 8.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15227 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 15227; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.