$4,513 Closing Credit*
$380,000
3 Beds
•2 Full Baths
David Nee, Listing Office: Realty One Group Horizon
Is 16053, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 16053 has remained a Seller's Market.
Key Takeaway
16053 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16053, PA
How much do homes in 16053, PA cost?
Median Sold Price
$372,000
$201/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$43,000(-10.4%)
Key Takeaway
Homes in 16053 have sold for 10.4% less than they did a month ago.
Summary: The median home sold price in 16053 was $372,000 in October 2024, down 10.4% from last month, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $415K | $331K | -20.2% |
| 4 Bedrooms | - | $479.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 16053 housing prices by bedroom type for October 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 decreased by 20.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 16053, PA
How many homes are available in 16053, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The 16053 real estate market had 12 homes for sale in October 2024, a 14.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16053 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 decreased by 36.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 16053, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 16053 in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 12 Days | -14.4% |
Summary: Homes in 16053 had an average of 12 days on market in Oct 2024, down by 14.4% compared to last month.
Breakdown of Home Sale Times
3 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 16053 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 16053; 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.
