15650 Housing Market Report May 2025•Westmoreland County, Pennsylvania

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Housing Prices in 15650, PA

How much do homes in 15650, PA cost?

Housing Market Conditions

Is 15650, PA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

15650 is a Seller's Market

Difference Since May 2024

Since last year, 15650 has remained a Seller's Market.

Insight

15650 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$210,000$166/SqFt
+$14,000
+7.1%

Based on all homes sold in the last 12 months

Insight

Homes in 15650 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 15650 was $210,000 in May 2025, up 7.1% from last year, and the median price per square foot was $166.

Median Sold Price By Bedrooms

Median Sold 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.
BedsMay 2024May 2025Change YoY
1$99K$114K
+15.2%
2$143.9K$162K
+12.5%
3$206.5K$205K
-0.7%
4$240K$450K
+87.5%
5$335K$255K
-23.9%

Summary: 15650 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +15.2%. The home price for 2 bedroom homes increased by +12.5%. The home price for 3 bedroom homes decreased by -0.7%. The home price for 4 bedroom homes increased by +87.5%. The home price for 5 bedroom homes decreased by -23.9%.

How does 15650, PA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

15650, PA

Housing supply in 15650, PA

How many homes are available in 15650, 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
83Last MonthMay 2025
922 months agoApr 2025
-9.8 %
Change MoMApr – May

Summary: The 15650 real estate market had 83 homes for sale in May 2025, a 9.8 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
20Last MonthMay 2025
242 months agoApr 2025
-16.7 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
121
-50.0%
21814
-22.2%
35349
-7.5%
41818
0.0%
511
0.0%

Summary: 15650 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -22.2%. The inventory for 3 bedroom homes decreased by -7.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 15650, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price6 Homes

At Asking Price2 Homes

Under Asking Price12 Homes

Insight

If you're buying a home in 15650, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 15650 in May 2025, down by 16.7% month-over-month. Of the 20 sold homes, 60% were sold under asking, 10% were sold at asking, and and 30% were sold over asking.

Days on Market for 15650, PA

How long does it take to sell a home in 15650, PA?

Breakdown of Home Sale Times

Under 30 Days8 Homes

30 – 90 Days10 Homes

Over 90 Days2 Homes

Insight

Avg time on Rocket Homes in 15650 has remained consistent over time.

Summary: During May 2025, 20 homes were sold in 15650; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
51 DaysThis YearMay 2025
28 Days1 year agoMay 2024
+82.9 %
Change YoYMay 2024 – May 2025

Summary: Homes in 15650 had an average listing age of 51 days in May 2025, up by 82.9% compared to the previous year.

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Newest Listings in 15650, PA

What homes are available in 15650, 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 06/01/2023 - 06/01/2025

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: 6/13/2025, 5:45:31 PM 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: 6/13/2025, 5:45:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.