Is 15613, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15613 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 15613 was a Seller's Market.

Key Takeaway

15613 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15613, PA

How much do homes in 15613, PA cost?

Median Sold Price

$178,500

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,500(+13.7%)

Key Takeaway

Homes in 15613 have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in 15613 was $178,500 in November 2024, up 13.7% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $108K$125K
+15.7%
2 $129K$110.5K
-14.3%
3 $157K$175K
+11.5%
4 $300K$316K
+5.3%
5+ $29K$432.5K
+1391.4%

Summary: 15613 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 1391.4%.

Median Sold Price Compared To Nearby Zip Codes

15613
+13.7%
15690
+13.2%

Housing Supply in 15613, PA

How many homes are available in 15613, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4047+17.5%

Summary: The 15613 real estate market had 47 homes for sale in November 2024, a 17.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1010
0.0%
3 1524
+60.0%
4 1110
-9.1%
5+ 32
-33.3%

Summary: The 15613 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 Homes Were 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 15613, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 15613 in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 15613, PA

How long does it take to sell a home in 15613, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days36 Days+31.1%

Summary: Homes in 15613 had an average of 36 days on market in Nov 2024, up by 31.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 15613 has remained consistent over time.

Summary: During November 2024, 5 homes were sold in 15613; 40% of homes were sold within 30 days, 60% 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 22 Days Ago

Newest Listings in 15613, PA

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