15963 — Somerset County, Pennsylvania Market Snapshot
Housing market data for zip code 15963 in Somerset County, Pennsylvania. Updated monthly with median prices, days on market, and more.
Market Sales Data
34 sales in 2026 (year to date)
Median Sale Price
$129,000
Days to Sell
40
Homes Sold
34
Inventory
16
Sale-to-List
94.7%
New Listings
35
Price/SqFt
$78
Pending Sales
35
Conforming Loan Available
Most homebuyers in 15963 can comfortably use conventional financing. The median home price of $129,000 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
15963's market is balanced with homes taking an average of 40 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 15963 sells for 5.3% below asking price (94.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 15963 can comfortably use conventional financing. The median home price of $129,000 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 15963 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 15963
To purchase the median home at $129,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,138.
Monthly Payment
$1,138
Income Required
$48,787
Principal & Interest
$795/mo
Down Payment (5%)
$6,450
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 15963.
Estimated Monthly Payment
$948
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 15963. Tell us what you're looking for.