Is 15342, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15342 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 15342 was a Seller's Market.

Key Takeaway

15342 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15342, PA

How much do homes in 15342, PA cost?

Median Sold Price

$258,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,000(+2.8%)

Key Takeaway

Homes in 15342 have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in 15342 was $258,000 in November 2024, up 2.8% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $189.9K$192.5K
+1.4%
3 $249K$262K
+5.2%
4 $376K$396.9K
+5.6%
5+ $401.5K-
N/A

Summary: 15342 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

15301
+9.3%
15342
+2.8%
15317
-0.9%

Housing Supply in 15342, PA

How many homes are available in 15342, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The 15342 real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 33
0.0%
3 1211
-8.3%
4 12
+100.0%
5+ 11
0.0%

Summary: The 15342 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15342, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 15342 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 15342, PA

How long does it take to sell a home in 15342, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days34 Days-33.6%

Summary: Homes in 15342 had an average of 34 days on market in Nov 2024, down by 33.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15342 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 15342; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in 15342, PA

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