$7,938 Closing Credit*
$668,500
3,342 SqFt
4 Beds
•3 Full Baths, 1 Partial
Dante Egizio, Listing Office: Re/Max Select Realty
Is 16053, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 16053 was a Seller's Market.
Key Takeaway
16053 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 16053, PA
How much do homes in 16053, PA cost?
Median Sold Price
$384,995
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,545(+10.8%)
Key Takeaway
Homes in 16053 have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in 16053 was $384,995 in November 2024, up 10.8% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | - | N/A |
| 2 Bedrooms | $318.5K | $365K | +14.6% |
| 3 Bedrooms | $321.4K | $363.5K | +13.1% |
| 4 Bedrooms | $467K | $395.5K | -15.3% |
| 5+ Bedrooms | $446.9K | $445.8K | -0.3% |
Summary: 16053 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 13.1%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes decreased by 0.3%.
Housing Supply in 16053, PA
How many homes are available in 16053, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The 16053 real estate market had 12 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16053 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
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 16053, 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 16053 in November 2024, down by 33.3% 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 16053, PA
How long does it take to sell a home in 16053, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 64 Days | -15.8% |
Summary: Homes in 16053 had an average of 64 days on market in Nov 2024, down by 15.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 16053 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 16053; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
