$10,000 Closing Credit*
$850,000
4 Beds
•3 Full Baths, 1 Partial
Marilyn Davis, Listing Office: Berkshire Hathaway The Preferred Realty
Is 15642, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 15642 has remained a Seller's Market.
Key Takeaway
15642 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 15642, PA
How much do homes in 15642, PA cost?
Median Sold Price
$265,325
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$32,658(+14.0%)
Key Takeaway
Homes in 15642 have sold for 14% more than they did a year ago.
Summary: The median home sold price in 15642 was $265,325 in December 2024, up 14% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $88.5K | +60.9% |
| 2 Bedrooms | $165.3K | $169.9K | +2.8% |
| 3 Bedrooms | $220K | $239K | +8.6% |
| 4 Bedrooms | $391.5K | $385K | -1.7% |
| 5+ Bedrooms | $635K | $407.9K | -35.8% |
Summary: 15642 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.9%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 35.8%.
Housing Supply in 15642, PA
How many homes are available in 15642, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 118 | 120 | +1.7% |
Summary: The 15642 real estate market had 120 homes for sale in December 2024, a 1.7% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 75 | 75 | 0.0% |
| 4 Bedrooms | 30 | 30 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 15642 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 24 | +14.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 15642, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in 15642 in December 2024, up by 14.3% month-over-month. Of the 24 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for 15642, PA
How long does it take to sell a home in 15642, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 43 Days | 29 Days | -31.7% |
Summary: Homes in 15642 had an average of 29 days on market in Dec 2024, down by 31.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 15642 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 24 homes were sold in 15642; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
