Is 15237, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15237 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 15237 has remained a Seller's Market.

Key Takeaway

15237 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15237, PA

How much do homes in 15237, PA cost?

Median Sold Price

$347,975

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,917(+11.5%)

Key Takeaway

Homes in 15237 have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in 15237 was $347,975 in October 2024, up 11.5% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $122K$129K
+5.7%
2 $215K$223.5K
+4.0%
3 $290K$325K
+12.1%
4 $430K$443.5K
+3.1%
5+ $525K$560.5K
+6.8%

Summary: 15237 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 6.8%.

Median Sold Price Compared To Nearby Zip Codes

15214
+30.3%
15237
+11.5%
15202
+6.6%
15229
+2.7%

Housing Supply in 15237, PA

How many homes are available in 15237, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
122136+11.5%

Summary: The 15237 real estate market had 136 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 46
+50.0%
2 1920
+5.3%
3 5260
+15.4%
4 4141
0.0%
5+ 69
+50.0%

Summary: The 15237 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31310.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15237, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 15237 in October 2024, the same as the previous month. Of the 31 sold homes, 55% were sold under asking, 19% were sold at asking, and 26% were sold over asking.

Days on Market for 15237, PA

How long does it take to sell a home in 15237, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days31 Days+21.2%

Summary: Homes in 15237 had an average of 31 days on market in Oct 2024, up by 21.2% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15237 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 31 homes were sold in 15237; 61% of homes were sold within 30 days, 32% 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 21 Days Ago

Newest Listings in 15237, PA

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