Is 15438, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15438 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 15438 has remained a Seller's Market.

Key Takeaway

15438 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15438, PA

How much do homes in 15438, PA cost?

Median Sold Price

$294,950

$107/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$155,050(+110.8%)

Key Takeaway

Homes in 15438 have sold for 110.8% more than they did a month ago.

Summary: The median home sold price in 15438 was $294,950 in December 2024, up 110.8% from last month, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$139.9K
N/A
3 --
N/A
4 $139.9K-
N/A
5+ -$450K
N/A

Summary: 15438 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.

Housing Supply in 15438, PA

How many homes are available in 15438, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
57+40.0%

Summary: The 15438 real estate market had 7 homes for sale in December 2024, a 40.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 12
+100.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The 15438 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15438, 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 15438 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 15438, PA

How long does it take to sell a home in 15438, PA?

Average Sale Time

Nov 2024Dec 2024CHANGE
56 Days38 Days-31.3%

Summary: Homes in 15438 had an average of 38 days on market in Dec 2024, down by 31.3% 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 15438 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in 15438; 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 4 Days Ago

Newest Listings in 15438, PA

Nearby Markets to 15438, PA