$3,147 Closing Credit*
$265,000
1,680 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kayla Taylor, Listing Office: Coldwell Banker Realty
Is 16037, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 16037 was a Neutral Market.
Key Takeaway
16037 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16037, PA
How much do homes in 16037, PA cost?
Median Sold Price
$360,000
$198/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$55,000(+18.0%)
Key Takeaway
Homes in 16037 have sold for 18% more than they did a month ago.
Summary: The median home sold price in 16037 was $360,000 in December 2024, up 18% from last month, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $305K | $337.4K | +10.6% |
| 4 Bedrooms | - | $400K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 16037 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 16052 | $230K | $599.9K | +160.8% |
| 16123 | $155K | $198K | +27.7% |
| 16037 | $305K | $360K | +18.0% |
| 16063 | $406.2K | $375K | -7.7% |
Housing Supply in 16037, PA
How many homes are available in 16037, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The 16037 real estate market had 18 homes for sale in December 2024, a 10.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16037 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16037, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 16037 in December 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 16037, PA
How long does it take to sell a home in 16037, PA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 56 Days | 29 Days | -47.5% |
Summary: Homes in 16037 had an average of 29 days on market in Dec 2024, down by 47.5% compared to last month.
Breakdown of Home Sale Times
4 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 16037 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in 16037; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
