$707 Closing Credit*
$59,500
1,248 SqFt
2 Beds
•1 Full Bath
Kellie Hinderliter, Listing Office: Coldwell Banker Realty
Is 16101, 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, 16101 was a Seller's Market.
Key Takeaway
16101 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 16101, PA
How much do homes in 16101, PA cost?
Median Sold Price
$110,000
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,000(+8.9%)
Key Takeaway
Homes in 16101 have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in 16101 was $110,000 in November 2024, up 8.9% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $34.9K | $64.4K | +84.8% |
| 2 Bedrooms | $79.9K | $82.5K | +3.3% |
| 3 Bedrooms | $111K | $122.5K | +10.4% |
| 4 Bedrooms | $120K | $130K | +8.3% |
| 5+ Bedrooms | $80K | $117.5K | +46.9% |
Summary: 16101 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 84.8%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 46.9%.
Housing Supply in 16101, PA
How many homes are available in 16101, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 167 | 161 | -3.6% |
Summary: The 16101 real estate market had 161 homes for sale in November 2024, a 3.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 42 | 41 | -2.4% |
| 3 Bedrooms | 93 | 92 | -1.1% |
| 4 Bedrooms | 29 | 25 | -13.8% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16101 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 decreased by 2.4%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16101, you may be able to get a good deal. 76.2% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 16101 in November 2024, down by 4.5% month-over-month. Of the 21 sold homes, 76% were sold under asking, 24% were sold at asking, and 0% were sold over asking.
Days on Market for 16101, PA
How long does it take to sell a home in 16101, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 31 Days | -40.0% |
Summary: Homes in 16101 had an average of 31 days on market in Nov 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 16101 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in 16101; 48% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
