$2,375 Closing Credit*
$200,000
1,013 SqFt
4 Beds
•1 Full Bath, 1 Partial
Jennifer Solomon, Listing Office: Re/Max Select Realty
Is 15227, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 15227 was a Seller's Market.
Key Takeaway
15227 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 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 October 2023
+$13,675(+7.5%)
Key Takeaway
Homes in 15227 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 15227 was $195,000 in October 2024, up 7.5% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $59K | - | N/A |
| 2 Bedrooms | $140K | $165K | +17.9% |
| 3 Bedrooms | $190K | $210K | +10.5% |
| 4 Bedrooms | $219K | $228K | +4.1% |
| 5+ Bedrooms | $266.5K | $214.9K | -19.4% |
Summary: 15227 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 17.9%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 19.4%.
Housing Supply in 15227, PA
How many homes are available in 15227, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 143 | 143 | 0.0% |
Summary: The 15227 real estate market had 143 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 32 | 29 | -9.4% |
| 3 Bedrooms | 88 | 87 | -1.1% |
| 4 Bedrooms | 21 | 25 | +19.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 15227 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 decreased by 9.4%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 19%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 22 | -31.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15227, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 15227 in October 2024, down by 31.3% month-over-month. Of the 22 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 25 Days | -5.8% |
Summary: Homes in 15227 had an average of 25 days on market in Oct 2024, down by 5.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 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 October 2024, 22 homes were sold in 15227; 68% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% 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.