$499 Closing Credit*
$42,000
3 Beds
•1 Full Bath
John Oliver, Listing Office: Oliver Real Estate Associates, Llc
Is 15618, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 15618 has remained a Seller's Market.
Key Takeaway
15618 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15618, PA
How much do homes in 15618, PA cost?
Median Sold Price
$143,450
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$13,050(-8.3%)
Key Takeaway
Homes in 15618 have sold for 8.3% less than they did a year ago.
Summary: The median home sold price in 15618 was $143,450 in October 2024, down 8.3% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $121.9K | $74K | -39.3% |
| 3 Bedrooms | $160K | $147K | -8.1% |
| 4 Bedrooms | $171K | $179.9K | +5.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 15618 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 39.3%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 15613 | $145K | $186.2K | +28.4% |
| 15618 | $156.5K | $143.4K | -8.3% |
Housing Supply in 15618, PA
How many homes are available in 15618, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The 15618 real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 15618 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 increased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -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
Key Takeaway
If you're buying a home in 15618, 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 15618 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 15618, PA
How long does it take to sell a home in 15618, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 180 Days | 66 Days | -63.2% |
Summary: Homes in 15618 had an average of 66 days on market in Oct 2024, down by 63.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 15618 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 15618; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
