Is 15644, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15644 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15644 was a Seller's Market.

Key Takeaway

15644 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 15644, PA

How much do homes in 15644, PA cost?

Median Sold Price

$170,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+13.3%)

Key Takeaway

Homes in 15644 have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in 15644 was $170,000 in October 2024, up 13.3% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $60K$15K
-75.0%
2 $109K$90.2K
-17.2%
3 $186K$178K
-4.3%
4 $256K$310K
+21.1%
5+ $436K$407.5K
-6.5%

Summary: 15644 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 6.5%.

Housing Supply in 15644, PA

How many homes are available in 15644, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7387+19.2%

Summary: The 15644 real estate market had 87 homes for sale in October 2024, a 19.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1417
+21.4%
3 3749
+32.4%
4 1414
0.0%
5+ 87
-12.5%

Summary: The 15644 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 21.4%, 3 bedroom homes increased by 32.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1614-12.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15644, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 15644 in October 2024, down by 12.5% month-over-month. Of the 14 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for 15644, PA

How long does it take to sell a home in 15644, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days63 Days+51.7%

Summary: Homes in 15644 had an average of 63 days on market in Oct 2024, up by 51.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 15644 has remained consistent over time.

Summary: During October 2024, 14 homes were sold in 15644; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 4 Days Ago

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