15131 — Westmoreland County, Pennsylvania Market Snapshot
Housing market data for zip code 15131 in Westmoreland County, Pennsylvania. Updated monthly with median prices, days on market, and more.
Market Sales Data
30 sales in 2026 (year to date)
Median Sale Price
$241,500
Days to Sell
69
Homes Sold
30
Inventory
18
Sale-to-List
98.3%
New Listings
30
Price/SqFt
$145
Pending Sales
29
Conforming Loan Available
Most homebuyers in 15131 can comfortably use conventional financing. The median home price of $241,500 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 69 days on average, 15131 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
Homes are selling very close to asking price in 15131 (98.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 15131 can comfortably use conventional financing. The median home price of $241,500 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 15131 are set at the county level.
2026 Loan Limits — Westmoreland 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 15131
To purchase the median home at $241,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,000.
Monthly Payment
$2,000
Income Required
$85,727
Principal & Interest
$1,488/mo
Down Payment (5%)
$12,075
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 15131.
Estimated Monthly Payment
$1,645
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