Is 15317, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15317 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15317 was a Seller's Market.

Key Takeaway

15317 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 15317, PA

How much do homes in 15317, PA cost?

Median Sold Price

$360,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$8,618(-2.3%)

Key Takeaway

Homes in 15317 have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in 15317 was $360,000 in October 2024, down 2.3% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $48K$145K
+202.1%
2 $196K$205K
+4.6%
3 $315.9K$340K
+7.6%
4 $483.5K$498.9K
+3.2%
5+ $635K$667.5K
+5.1%

Summary: 15317 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 202.1%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Zip Codes

15055
+9.4%
15317
-2.3%

Housing Supply in 15317, PA

How many homes are available in 15317, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
175210+20.0%

Summary: The 15317 real estate market had 210 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 2430
+25.0%
3 8899
+12.5%
4 4456
+27.3%
5+ 1622
+37.5%

Summary: The 15317 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 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3235+9.4%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15317, you may be able to get a good deal. 54.3% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in 15317 in October 2024, up by 9.4% month-over-month. Of the 35 sold homes, 54% were sold under asking, 11% were sold at asking, and 34% were sold over asking.

Days on Market for 15317, PA

How long does it take to sell a home in 15317, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days40 Days+17.9%

Summary: Homes in 15317 had an average of 40 days on market in Oct 2024, up by 17.9% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15317 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 35 homes were sold in 15317; 46% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 9% 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 15317, PA

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