$3,814 Closing Credit*
$321,200
1,536 SqFt
3 Beds
•2 Full Baths, 1 Partial
FRED LYNN, Listing Office: Iron Valley Real Estate of Central PA
Is 16038, 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, 16038 was a Seller's Market.
Key Takeaway
16038 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 16038, PA
How much do homes in 16038, PA cost?
Median Sold Price
$125,000
$97/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$250,100(-66.7%)
Key Takeaway
Homes in 16038 have sold for 66.7% less than they did a month ago.
Summary: The median home sold price in 16038 was $125,000 in December 2024, down 66.7% from last month, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $145K | N/A |
| 3 Bedrooms | $361.2K | - | N/A |
| 4 Bedrooms | - | $105K | N/A |
| 5+ Bedrooms | $389K | - | N/A |
Summary: 16038 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 16038, PA
How many homes are available in 16038, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The 16038 real estate market had 12 homes for sale in December 2024, a 7.7% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 16038 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16038, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in 16038 in December 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 16038, PA
How long does it take to sell a home in 16038, PA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 49 Days | 10 Days | -78.8% |
Summary: Homes in 16038 had an average of 10 days on market in Dec 2024, down by 78.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 16038 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in 16038; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
