15538 Housing Market Report December 2024Somerset County, Pennsylvania

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Housing Prices in 15538, PA

How much do homes in 15538, 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.
$258,000$179/SqFt
-$1,142,000
-81.6%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 15538 has decreased by 81.6% since last year.

Summary: The median home list price in 15538 was $258,000 in December 2024, down 81.6% from the previous year, and the median price per square foot was $179.

Median List Price By City

Median List Price By City
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
15534
+25.1%
15552
+2.1%
15530
-20.7%
15545
-23.6%
15538
-81.6%

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.
BedsDec 2023Dec 2024Change YoY
1--
N/A
2-$154.9K
N/A
3$1.4M$258K
-81.6%
4-$695K
N/A
5-$2.8M
N/A

Summary: 15538 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -81.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in 15538, PA

How many homes are available in 15538, 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
4Last MonthDec 2024
52 months agoNov 2024
-20.0 %
Change MoMNov – Dec

Summary: The 15538 real estate market had 4 homes for sale in Dec 2024, a 20.0 % decrease compared to Nov 2024.

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.
BedsNov 2024Dec 2024Change MoM
100
0.0%
211
0.0%
332
-33.3%
400
0.0%
511
0.0%

Summary: 15538 housing inventory by bedroom type for December 2024, 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 decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 15538, PA

How long does it take to sell a home in 15538, 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
316 DaysThis YearDec 2024
509 Days1 year agoDec 2023
-37.9 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in 15538 had an average listing age of 316 days in Dec 2024, down by 37.9% compared to the previous year.

Newest Listings in 15538, PA

What homes are available in 15538, PA?

Nearby markets

Nearby markets aren't available for 15538, PA

MLS Disclaimers and Copyright

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

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: 1/31/2025, 4:20:48 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 Allegheny Highland Association of Realtors MLS for personal, non-commercial use. No Data may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © 2025 Allegheny Highland Association of Realtors MLS. 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: 1/31/2025, 4:15:59 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: 1/31/2025, 4:16:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.