Is 15234, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15234 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 15234 has remained a Seller's Market.

Key Takeaway

15234 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15234, PA

How much do homes in 15234, PA cost?

Median Sold Price

$225,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,250(+9.4%)

Key Takeaway

Homes in 15234 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 15234 was $225,000 in October 2024, up 9.4% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $110.5K$84.4K
-23.6%
2 $174K$174.5K
0.3%
3 $210K$227.5K
+8.3%
4 $283.5K$340K
+19.9%
5+ $302K$400K
+32.5%

Summary: 15234 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.6%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 19.9%, and 5+ bedroom homes increased by 32.5%.

Median Sold Price Compared To Nearby Zip Codes

15234
+9.4%
15226
+8.1%
15228
+7.6%
15227
+7.5%
15236
+2.3%

Housing Supply in 15234, PA

How many homes are available in 15234, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5258+11.5%

Summary: The 15234 real estate market had 58 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1113
+18.2%
3 2934
+17.2%
4 76
-14.3%
5+ 33
0.0%

Summary: The 15234 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 18.2%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
918+100.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15234, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 15234 in October 2024, up by 100.0% month-over-month. Of the 18 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for 15234, PA

How long does it take to sell a home in 15234, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days34 Days+17.6%

Summary: Homes in 15234 had an average of 34 days on market in Oct 2024, up by 17.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15234 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in 15234; 61% of homes were sold within 30 days, 33% 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 15234, PA

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