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 December 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

$230,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$23,500(+11.4%)

Key Takeaway

Homes in 15234 have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in 15234 was $230,000 in December 2024, up 11.4% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $84K$157.5K
+87.5%
2 $169.9K$188.7K
+11.1%
3 $210K$237K
+12.9%
4 $340K$304.5K
-10.4%
5+ $308.5K$400K
+29.7%

Summary: 15234 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 87.5%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes increased by 29.7%.

Median Sold Price Compared To Nearby Zip Codes

15228
+12.8%
15234
+11.4%
15226
+11.1%
15227
+10.1%
15236
-1.1%

Housing Supply in 15234, PA

How many homes are available in 15234, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5042-16.0%

Summary: The 15234 real estate market had 42 homes for sale in December 2024, a 16.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 109
-10.0%
3 3128
-9.7%
4 53
-40.0%
5+ 32
-33.3%

Summary: The 15234 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 15234 in December 2024, down by 9.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% 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

Dec 2023Dec 2024CHANGE
23 Days23 Days-0.7%

Summary: Homes in 15234 had an average of 23 days on market in Dec 2024, down by 0.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 December 2024, 10 homes were sold in 15234; 60% of homes were sold within 30 days, 40% 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 2 Days Ago

Newest Listings in 15234, PA

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