Is 15370, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15370 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 15370 has remained a Seller's Market.

Key Takeaway

15370 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15370, PA

How much do homes in 15370, PA cost?

Median Sold Price

$189,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$1,000(-0.5%)

Key Takeaway

Homes in 15370 have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in 15370 was $189,000 in December 2024, down 0.5% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $103.5K$112K
+8.2%
3 $185K$217.5K
+17.6%
4 $282.1K$345K
+22.3%
5+ $260K$195K
-25.0%

Summary: 15370 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes decreased by 25%.

Housing Supply in 15370, PA

How many homes are available in 15370, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3534-2.9%

Summary: The 15370 real estate market had 34 homes for sale in December 2024, a 2.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 46
+50.0%
3 1714
-17.6%
4 78
+14.3%
5+ 65
-16.7%

Summary: The 15370 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
770.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer86%14%

Key Takeaway

If you're buying a home in 15370, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 15370 in December 2024, the same as the previous month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for 15370, PA

How long does it take to sell a home in 15370, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
55 Days67 Days+22.8%

Summary: Homes in 15370 had an average of 67 days on market in Dec 2024, up by 22.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times57%29%14%

Key Takeaway

Avg time on Rocket Homes in 15370 has remained consistent over time.

Summary: During December 2024, 7 homes were sold in 15370; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% 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 10 Days Ago

Newest Listings in 15370, PA

Nearby Markets to 15370, PA