Is 15542, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15542 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 15542 has remained a Seller's Market.

Key Takeaway

15542 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15542, PA

How much do homes in 15542, PA cost?

Median Sold Price

$47,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$22,000(+88.0%)

Key Takeaway

Homes in 15542 have sold for 88% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$47K
N/A
2 --
N/A
3 $25K-
N/A
4 --
N/A
5+ --
N/A

Summary: 15542 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 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

15542
+88.0%
15557
+81.8%

Housing Supply in 15542, PA

How many homes are available in 15542, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
32-33.3%

Summary: The 15542 real estate market had 2 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 10
-100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 15542 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

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 15542, 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 15542 in October 2024, the same as the previous 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 15542, PA

How long does it take to sell a home in 15542, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
89 Days232 Days+160.7%

Summary: Homes in 15542 had an average of 232 days on market in Oct 2024, up by 160.7% 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 15542 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in 15542; 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 23 Days Ago

Newest Listings in 15542, PA

Nearby Markets to 15542, PA