15531 Housing Market Report February 2025•Somerset County, Pennsylvania

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Housing Prices in 15531, PA

How much do homes in 15531, PA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$134,900$99/SqFt
-$39,600
-22.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 15531 has decreased by 22.7% since last year.

Summary: The median home list price in 15531 was $134,900 in February 2025, down 22.7% from the previous year, and the median price per square foot was $99.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
15655
+65.4%
15531
-22.7%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$26K$26K
0.0%
2$290K$120.7K
-58.4%
3$169K$165K
-2.4%
4$169.5K$129.9K
-23.4%
5$145K$475K
+227.6%

Summary: 15531 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -58.4%. The home price for 3 bedroom homes decreased by -2.4%. The home price for 4 bedroom homes decreased by -23.4%. The home price for 5 bedroom homes increased by +227.6%.

Housing supply in 15531, PA

How many homes are available in 15531, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
9Last MonthFeb 2025
62 months agoJan 2025
+50.0 %
Change MoMJan – Feb

Summary: The 15531 real estate market had 9 homes for sale in Feb 2025, a 50.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
211
0.0%
346
+50.0%
401
+100.0%
511
0.0%

Summary: 15531 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for 15531, PA

How long does it take to sell a home in 15531, PA?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
56 DaysThis YearFeb 2025
118 Days1 year agoFeb 2024
-52.4 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 15531 had an average listing age of 56 days in Feb 2025, down by 52.4% compared to the previous year.

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Newest Listings in 15531, PA

What homes are available in 15531, PA?

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MLS Disclaimers and Copyright

Based on information from West Penn Multi-List Inc., and Cambria-Somerset Association of Realtors MLS for the period 03/01/2023 - 03/01/2025

IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information provided in part by the Cambria Somerset Association of Realtors MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © 2025 Cambria Somerset Association of Realtors MLS 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 5:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.