Is 15423, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15423 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 15423 was a Seller's Market.

Key Takeaway

15423 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15423, PA

How much do homes in 15423, PA cost?

Median Sold Price

$135,000

$68/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$58,750(+77.0%)

Key Takeaway

Homes in 15423 have sold for 77% more than they did a month ago.

Summary: The median home sold price in 15423 was $135,000 in December 2024, up 77% from last month, and the median price per square foot was $68.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $76.2K-
N/A
3 $81.9K-
N/A
4 --
N/A
5+ -$135K
N/A

Summary: 15423 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

15423
+77.0%
15427
-39.2%

Housing Supply in 15423, PA

How many homes are available in 15423, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1816-11.1%

Summary: The 15423 real estate market had 16 homes for sale in December 2024, a 11.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 119
-18.2%
4 02
+100.0%
5+ 33
0.0%

Summary: The 15423 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 decreased by 50%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15423, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 15423 in December 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 15423, PA

How long does it take to sell a home in 15423, PA?

Average Sale Time

Nov 2024Dec 2024CHANGE
148 Days90 Days-39.2%

Summary: Homes in 15423 had an average of 90 days on market in Dec 2024, down by 39.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 15423 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 1 homes were sold in 15423; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 8 Days Ago

Newest Listings in 15423, PA

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