$474 Closing Credit*
$39,900
1,024 SqFt
2 Beds
•1 Full Bath
Rebecca Scarnati, Listing Office: Realty One Group Ultimate
Is 16102, 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, 16102 was a Neutral Market.
Key Takeaway
16102 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 16102, PA
How much do homes in 16102, PA cost?
Median Sold Price
$75,000
$64/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$17,000(-18.5%)
Key Takeaway
Homes in 16102 have sold for 18.5% less than they did a year ago.
Summary: The median home sold price in 16102 was $75,000 in November 2024, down 18.5% from last year, and the median price per square foot was $64.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $58K | N/A |
| 2 Bedrooms | $79.9K | $52.5K | -34.3% |
| 3 Bedrooms | $115K | $102K | -11.3% |
| 4 Bedrooms | $91.2K | $185K | +102.7% |
| 5+ Bedrooms | $60K | $125K | +108.3% |
Summary: 16102 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 decreased by 34.3%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 102.7%, and 5+ bedroom homes increased by 108.3%.
Housing Supply in 16102, PA
How many homes are available in 16102, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The 16102 real estate market had 34 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16102 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 42.9%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16102, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 16102 in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 16102, PA
How long does it take to sell a home in 16102, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 91 Days | 54 Days | -40.3% |
Summary: Homes in 16102 had an average of 54 days on market in Nov 2024, down by 40.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 16102 has remained consistent over time.
Summary: During November 2024, 4 homes were sold in 16102; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
