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 4 Days Ago

Newest Listings in 15317, PA

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