Is 15697, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15697 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 15697 was a Seller's Market.

Key Takeaway

15697 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 15697, PA

How much do homes in 15697, PA cost?

Median Sold Price

$179,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,000(+23.4%)

Key Takeaway

Homes in 15697 have sold for 23.4% more than they did a year ago.

Summary: The median home sold price in 15697 was $179,000 in October 2024, up 23.4% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$102K
N/A
2 $154.9K$114.7K
-25.9%
3 $145K$155K
+6.9%
4 $94.1K$210K
+123.2%
5+ --
N/A

Summary: 15697 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 25.9%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 123.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

15697
+23.4%
15639
+10.8%
15672
+7.5%
15601
+5.7%

Housing Supply in 15697, PA

How many homes are available in 15697, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1614-12.5%

Summary: The 15697 real estate market had 14 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 54
-20.0%
3 88
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 15697 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 decreased 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

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15697, 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 15697 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 15697, PA

How long does it take to sell a home in 15697, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days5 Days-90.7%

Summary: Homes in 15697 had an average of 5 days on market in Oct 2024, down by 90.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 15697 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 15697; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in 15697, PA

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