Is 15417, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15417 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15417 was a Neutral Market.

Key Takeaway

15417 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15417, PA

How much do homes in 15417, PA cost?

Median Sold Price

$112,500

$84/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,225(+23.3%)

Key Takeaway

Homes in 15417 have sold for 23.3% more than they did a year ago.

Summary: The median home sold price in 15417 was $112,500 in October 2024, up 23.3% from last year, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $82.5K$65K
-21.2%
3 $92.5K$126K
+36.2%
4 $115K$169K
+47.0%
5+ --
N/A

Summary: 15417 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.2%, 3 bedroom homes increased by 36.2%, 4 bedroom homes increased by 47%, and 5+ bedroom homes did not change.

Housing Supply in 15417, PA

How many homes are available in 15417, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
29290.0%

Summary: The 15417 real estate market had 29 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1819
+5.6%
4 32
-33.3%
5+ 11
0.0%

Summary: The 15417 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 remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15417, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 15417 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 15417, PA

How long does it take to sell a home in 15417, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days89 Days+212.8%

Summary: Homes in 15417 had an average of 89 days on market in Oct 2024, up by 212.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 15417 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 15417; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 11 Days Ago

Newest Listings in 15417, PA

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