Is 15601, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15601 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 15601 has remained a Seller's Market.

Key Takeaway

15601 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15601, PA

How much do homes in 15601, PA cost?

Median Sold Price

$235,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$8,285(+3.7%)

Key Takeaway

Homes in 15601 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 15601 was $235,000 in December 2024, up 3.7% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $71K$115K
+61.9%
2 $140K$170K
+21.4%
3 $220.1K$219.9K
-0.1%
4 $320K$365K
+14.1%
5+ $329.9K$374.9K
+13.6%

Summary: 15601 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.9%, 2 bedroom homes increased by 21.4%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 13.6%.

Housing Supply in 15601, PA

How many homes are available in 15601, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
201179-10.9%

Summary: The 15601 real estate market had 179 homes for sale in December 2024, a 10.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 2118
-14.3%
3 114105
-7.9%
4 5647
-16.1%
5+ 108
-20.0%

Summary: The 15601 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4442-4.5%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15601, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in 15601 in December 2024, down by 4.5% month-over-month. Of the 42 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.

Days on Market for 15601, PA

How long does it take to sell a home in 15601, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
38 Days46 Days+19.7%

Summary: Homes in 15601 had an average of 46 days on market in Dec 2024, up by 19.7% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 15601 has remained consistent over time.

Summary: During December 2024, 42 homes were sold in 15601; 38% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 17% 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 6 Days Ago

Newest Listings in 15601, PA

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