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ELRAMA, PA 15038

Real Estate Market Report  ·  Washington County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The ELRAMA, PA real estate market (15038) currently shows 2 active listings, with 1 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 47 days on market compared to 5 days last year.

The median listing price has fallen 61.3% year-over-year, from $124,950 to $48,300.

Whether you are buying or selling in ELRAMA, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 248  ·  Density: 326.1/mi²  ·  Median household income: $60,714

Typical home value: $0  ·  Homeownership: 56.7%

Market Overview

Active Listings
2
vs 2 last year
Pending
1
50% pending ratio
Median Price
$48,300
⇩ 61.3% vs $124,950 last year
Average Price
$48,300
⇩ 61.3% vs $124,950 last year
Days on Market
47
⇧ 840% vs 5 days last year

Price Per Square Foot

Median $/sqft
$43
⇩ 61.6% vs $112/sqft last year
Median Home Size
1,042 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 47 now vs 5 last year

Median & Average Pricing

Year over Year
  • Median: $48,300 (-61.3% YoY)
  • Average: $48,300 (-61.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.4 miles — 272 listings ($50,053,109 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
15038Elrama, PA 150380.0 mi3$294,201$84,675$98,067
15088West Elizabeth, PA 150882.1 mi2$239,900$119,950$119,950
15067New Eagle, PA 150673.5 mi1$210,000$210,000$210,000
15063Monongahela, PA 150633.8 mi33$4,678,575$122,113$141,775
15129South Park, PA 151294.8 mi28$9,356,816$328,750$334,172
15045Glassport, PA 150455.6 mi24$1,910,832$73,125$79,618
15133Mckeesport, PA 151336.2 mi18$2,783,862$113,750$154,659
15135Mckeesport, PA 151356.8 mi25$6,202,450$226,675$248,098
15083Sutersville, PA 150837.0 mi2$255,000$127,500$127,500
15034Dravosburg, PA 150347.2 mi6$739,998$133,500$123,333
15132Mckeesport, PA 151327.5 mi68$5,902,468$74,900$86,801
15102Bethel Park, PA 151027.7 mi61$17,439,107$269,000$285,887
15072Pricedale, PA 150728.4 mi1$39,900$39,900$39,900

Frequently Asked Questions

How many homes are for sale in ELRAMA, PA 15038?

As of July 2026, there are 2 active listings in ELRAMA, PA (zip code 15038), compared to 2 the prior year.

What is the median home price in ELRAMA, PA 15038?

The median listing price in ELRAMA, PA 15038 is $48,300 as of July 2026, a 61.3% decrease from $124,950 the prior year.

How long do homes stay on the market in ELRAMA, PA?

Homes in ELRAMA, PA 15038 spend an average of 47 days on the market before going under contract, compared to 5 days the prior year.

Is it a seller's or buyer's market in ELRAMA, PA 15038?

Based on current inventory and days-on-market data as of July 2026, ELRAMA, PA 15038 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 47 days on market compared to 5 days last year.

How much can I save on real estate commission in ELRAMA, PA?

With SELL123.com's maximum 3% commission, sellers in ELRAMA, PA 15038 save an estimated $966 compared to a typical 5% commission on the median listing price of $48,300. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.