Is 15427, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15427 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 15427 has remained a Seller's Market.

Key Takeaway

15427 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15427, PA

How much do homes in 15427, PA cost?

Median Sold Price

$85,050

$90/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$16,050(+23.3%)

Key Takeaway

Homes in 15427 have sold for 23.3% more than they did a month ago.

Summary: The median home sold price in 15427 was $85,050 in October 2024, up 23.3% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $69K$35.1K
-49.1%
3 $120.7K$135K
+11.8%
4 --
N/A
5+ --
N/A

Summary: 15427 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 49.1%, 3 bedroom homes increased by 11.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 15427, PA

How many homes are available in 15427, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108-20.0%

Summary: The 15427 real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 53
-40.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 15427 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 decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15427, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 15427 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 15427, PA

How long does it take to sell a home in 15427, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
138 Days26 Days-81.2%

Summary: Homes in 15427 had an average of 26 days on market in Oct 2024, down by 81.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15427 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 15427; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 13 Days Ago

Newest Listings in 15427, PA

Nearby Markets to 15427, PA