$2,108 Closing Credit*
$177,500
1,550 SqFt
3 Beds
•1 Full Bath, 1 Partial
Paul Bortz, Listing Office: Coldwell Banker Laurel Ridge Realty
Is 15401, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 15401 was a Seller's Market.
Key Takeaway
15401 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 15401, PA
How much do homes in 15401, PA cost?
Median Sold Price
$164,275
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,608(+1.0%)
Key Takeaway
Homes in 15401 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 15401 was $164,275 in November 2024, up 1% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $31.5K | $14K | -55.6% |
| 2 Bedrooms | $93.9K | $79.9K | -15.0% |
| 3 Bedrooms | $185K | $190K | +2.7% |
| 4 Bedrooms | $188.7K | $185K | -2.0% |
| 5+ Bedrooms | $247.4K | $140K | -43.4% |
Summary: 15401 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.6%, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 43.4%.
Housing Supply in 15401, PA
How many homes are available in 15401, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 123 | 106 | -13.8% |
Summary: The 15401 real estate market had 106 homes for sale in November 2024, a 13.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 24 | 22 | -8.3% |
| 3 Bedrooms | 73 | 60 | -17.8% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 15401 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 decreased by 8.3%, 3 bedroom homes decreased by 17.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 17 | -22.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15401, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 15401 in November 2024, down by 22.7% month-over-month. Of the 17 sold homes, 71% were sold under asking, 12% were sold at asking, and 18% were sold over asking.
Days on Market for 15401, PA
How long does it take to sell a home in 15401, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 56 Days | -2.9% |
Summary: Homes in 15401 had an average of 56 days on market in Nov 2024, down by 2.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15401 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 15401; 41% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
