Housing Prices in 16040, PA

How much do homes in 16040, PA cost?

Median List Price

$295,000

$225/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$110,000(+59.5%)

Key Takeaway

The list price of homes in 16040 has increased by 59.5% since last year.

Summary: The median home list price in 16040 was $295,000 in October 2024, up 59.5% from the previous year, and the median price per square foot was $225.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $142.5K$335K
+135.1%
3 $185K$295K
+59.5%
4 -$175K
N/A
5+ $2.5M$2.5M
0.0%

Summary: 16040 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 increased by 135.1%, 3 bedroom homes increased by 59.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

16040
+59.5%
16020
+28.2%
16061
+10.3%
16050
-35.2%

Housing Supply in 16040, PA

How many homes are available in 16040, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12+100.0%

Summary: The 16040 real estate market had 2 homes for sale in October 2024, a 100.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The 16040 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 16040, PA

How long does it take to sell a home in 16040, PA?

Average Listing Age

Oct 2023Oct 2024CHANGE
115 Days62 Days-46.1%

Summary: Homes in 16040 had an average listing age of 62 days in Oct 2024, down by 46.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 16040, PA

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