15622 — Somerset County, Pennsylvania Market Snapshot

Housing market data for zip code 15622 in Somerset County, Pennsylvania. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

12 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$347,950

-10.4% YoYClosed sales

Days to Sell

128

Median, listing to close

Homes Sold

12

Closed in 2026

Inventory

21

Sale-to-List

89.3%

New Listings

11

Price/SqFt

$236

Pending Sales

9

Conforming Loan Available

Most homebuyers in 15622 can comfortably use conventional financing. The median home price of $347,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 128 days on average, 15622 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 15622 sells for 10.7% below asking price (89.3% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 15622 can comfortably use conventional financing. The median home price of $347,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 15622 are set at the county level.

2026 Loan Limits — Somerset County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 15622

To purchase the median home at $347,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,816.

Monthly Payment

$2,816

Income Required

$120,681

Principal & Interest

$2,144/mo

Down Payment (5%)

$17,398

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 15622.

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Estimated Monthly Payment

$2,303

Principal & Interest$1,805
Property Tax$348
Insurance$150
Loan Amount$278,360
Total Interest$371,598
Income Required$98,717/yr

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