Is 15748, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 15748 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 15748 has remained a Seller's Market.

Key Takeaway

15748 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 15748, PA

How much do homes in 15748, PA cost?

Median Sold Price

$110,000

$88/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$85,000(-43.6%)

Key Takeaway

Homes in 15748 have sold for 43.6% less than they did a month ago.

Summary: The median home sold price in 15748 was $110,000 in December 2024, down 43.6% from last month, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $75.5K$117.9K
+56.2%
3 $170K$119K
-30.0%
4 $220K$100K
-54.5%
5+ --
N/A

Summary: 15748 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56.2%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 54.5%, and 5+ bedroom homes did not change.

Housing Supply in 15748, PA

How many homes are available in 15748, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1512-20.0%

Summary: The 15748 real estate market had 12 homes for sale in December 2024, a 20.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 65
-16.7%
4 32
-33.3%
5+ 11
0.0%

Summary: The 15748 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 decreased by 20%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 15748, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 15748 in December 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for 15748, PA

How long does it take to sell a home in 15748, PA?

Average Sale Time

Nov 2024Dec 2024CHANGE
33 Days10 Days-68.2%

Summary: Homes in 15748 had an average of 10 days on market in Dec 2024, down by 68.2% compared to last month.

Breakdown of Home Sale Times

4 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 15748 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in 15748; 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 8 Days Ago

Newest Listings in 15748, PA

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