$1,009 Closing Credit*
$85,000
1 Bed
•1 Full Bath
Marion Soberdash, Listing Office: Berkshire Hathaway The Preferred Realty
Is 15425, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 15425 was a Seller's Market.
Key Takeaway
15425 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 15425, PA
How much do homes in 15425, PA cost?
Median Sold Price
$162,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,750(+14.7%)
Key Takeaway
Homes in 15425 have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in 15425 was $162,000 in October 2024, up 14.7% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69.5K | $114K | +64.0% |
| 2 Bedrooms | $115K | $129.2K | +12.3% |
| 3 Bedrooms | $155K | $162K | +4.5% |
| 4 Bedrooms | $172.5K | $180K | +4.3% |
| 5+ Bedrooms | $115K | $167K | +45.2% |
Summary: 15425 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 45.2%.
Median Sold Price Compared To Nearby Zip Codes
| 15425 | $141.2K | $162K | +14.7% |
| 15683 | $158.4K | $169K | +6.7% |
Housing Supply in 15425, PA
How many homes are available in 15425, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 60 | +5.3% |
Summary: The 15425 real estate market had 60 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 28 | 27 | -3.6% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 15425 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 increased by 12.5%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15425, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 15425 in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for 15425, PA
How long does it take to sell a home in 15425, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 42 Days | +55.0% |
Summary: Homes in 15425 had an average of 42 days on market in Oct 2024, up by 55% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 15425 has remained consistent over time.
Summary: During October 2024, 8 homes were sold in 15425; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
