15762Alverda, PA Housing Market
$154,300median sale price
The 15762 zip code, located in Alverda, PA, is currently classified as a balanced market. The median sale price stands at $154,300, representing a +28.6% change year over year. Homes in this area spend an average of 4 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 15762 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
1
Last 12 weeks
Days on market
4
Fast-moving
Active listings
—
Sale-to-list
97.7%
Below asking
Market analysis for 15762
The 15762 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 97.7% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 15762 have increased +28.6% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
996
Median income
$62,500/yr
Median age
49.3 years
Owner-occupied
92.2%
College grads
23.2%
Avg commute
38.6 min
Living in 15762
Zip code 15762 is home to approximately 996 residents. The median household income is $62,500 per year, which shapes the types of homes and amenities available in the area. With a median age of 49.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 92.2% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 23.2% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 38.6 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 15762.
Frequently asked questions about 15762
What is the median home price in 15762?
The current median sale price in 15762 is $154,300, based on recent Redfin transaction data. Prices have changed +28.6% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 15762 a buyer's or seller's market?
The 15762 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 15762?
Zip code 15762 has a population of approximately 996 residents. The median household income is $62,500 per year. About 92.2% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 15762?
Properties Incorporated provides comprehensive data for 15762 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 15762 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.
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