Is 15690, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15690 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15690 was a Seller's Market.

Key Takeaway

15690 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 15690, PA

How much do homes in 15690, PA cost?

Median Sold Price

$115,000

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,050(+4.6%)

Key Takeaway

Homes in 15690 have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in 15690 was $115,000 in October 2024, up 4.6% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $55K$24.5K
-55.5%
2 $90K$72.4K
-19.5%
3 $122.5K$120K
-2.0%
4 $134.5K$170K
+26.4%
5+ $62.7K$155K
+147.0%

Summary: 15690 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.5%, 2 bedroom homes decreased by 19.5%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes increased by 147%.

Median Sold Price Compared To Nearby Zip Codes

15690
+4.6%
15656
+3.3%

Housing Supply in 15690, PA

How many homes are available in 15690, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4953+8.2%

Summary: The 15690 real estate market had 53 homes for sale in October 2024, a 8.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1114
+27.3%
3 2628
+7.7%
4 109
-10.0%
5+ 12
+100.0%

Summary: The 15690 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15690, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 15690 in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 15690, PA

How long does it take to sell a home in 15690, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days58 Days-12.3%

Summary: Homes in 15690 had an average of 58 days on market in Oct 2024, down by 12.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 15690 has remained consistent over time.

Summary: During October 2024, 7 homes were sold in 15690; 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

Newest Listings in 15690, PA

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