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 23 Days Ago

Newest Listings in 15697, PA

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