$4,749 Closing Credit*
$399,900
1,918 SqFt
4 Beds
•2 Full Baths, 1 Partial
Tamara Grassi, Listing Office: Achieve Realty, Inc.
Is 16033, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 16033 was a Seller's Market.
Key Takeaway
16033 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 16033, PA
How much do homes in 16033, PA cost?
Median Sold Price
$350,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,459(-2.9%)
Key Takeaway
Homes in 16033 have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in 16033 was $350,000 in October 2024, down 2.9% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $52K | N/A |
| 2 Bedrooms | $183K | $170K | -7.1% |
| 3 Bedrooms | $346.6K | $344.9K | -0.5% |
| 4 Bedrooms | $422.5K | $410K | -3.0% |
| 5+ Bedrooms | $895.5K | $715.7K | -20.1% |
Summary: 16033 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 20.1%.
Median Sold Price Compared To Nearby Zip Codes
| 16063 | $355K | $395K | +11.3% |
| 16033 | $360.4K | $350K | -2.9% |
Housing Supply in 16033, PA
How many homes are available in 16033, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The 16033 real estate market had 20 homes for sale in October 2024, a 17.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16033 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 16033, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 16033 in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 16033, PA
How long does it take to sell a home in 16033, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 45 Days | +212.5% |
Summary: Homes in 16033 had an average of 45 days on market in Oct 2024, up by 212.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 16033 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 16033; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
