Is 15232, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15232 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 15232 has remained a Seller's Market.

Key Takeaway

15232 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15232, PA

How much do homes in 15232, PA cost?

Median Sold Price

$565,000

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$23,500(-4.0%)

Key Takeaway

Homes in 15232 have sold for 4% less than they did a year ago.

Summary: The median home sold price in 15232 was $565,000 in October 2024, down 4% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $187K$243.7K
+30.3%
2 $365K$300K
-17.8%
3 $525K$657.5K
+25.2%
4 $826.5K$753K
-8.9%
5+ $996.5K$1.2M
+23.6%

Summary: 15232 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.3%, 2 bedroom homes decreased by 17.8%, 3 bedroom homes increased by 25.2%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 23.6%.

Median Sold Price Compared To Nearby Zip Codes

15206
+10.3%
15224
+1.8%
15213
+0.7%
15217
-1.3%
15232
-4.0%

Housing Supply in 15232, PA

How many homes are available in 15232, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2332+39.1%

Summary: The 15232 real estate market had 32 homes for sale in October 2024, a 39.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 710
+42.9%
3 77
0.0%
4 36
+100.0%
5+ 57
+40.0%

Summary: The 15232 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 42.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15232, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 15232 in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for 15232, PA

How long does it take to sell a home in 15232, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days33 Days-47.7%

Summary: Homes in 15232 had an average of 33 days on market in Oct 2024, down by 47.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15232 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 15232; 67% of homes were sold within 30 days, 33% 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 14 Days Ago

Newest Listings in 15232, PA

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