$652 Closing Credit*
$54,900
1,080 SqFt
3 Beds
•2 Full Baths
Michele Conti, Listing Office: Keller Williams Realty
Is 16102, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 16102 was a Seller's 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
$69,500
$59/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,500(-22.8%)
Key Takeaway
Homes in 16102 have sold for 22.8% less than they did a year ago.
Summary: The median home sold price in 16102 was $69,500 in October 2024, down 22.8% from last year, and the median price per square foot was $59.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $58K | N/A |
| 2 Bedrooms | $85.9K | $48.8K | -43.2% |
| 3 Bedrooms | $91K | $89K | -2.2% |
| 4 Bedrooms | $91.2K | $211K | +131.2% |
| 5+ Bedrooms | $60K | - | N/A |
Summary: 16102 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 decreased by 43.2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 131.2%, and 5+ bedroom homes did not change.
Housing Supply in 16102, PA
How many homes are available in 16102, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 36 | +2.9% |
Summary: The 16102 real estate market had 36 homes for sale in October 2024, a 2.9% increase 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16102 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 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 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 16102, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 16102 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 100 Days | 61 Days | -38.5% |
Summary: Homes in 16102 had an average of 61 days on market in Oct 2024, down by 38.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 16102 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 16102; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
