$4,274 Closing Credit*
$359,900
1,543 SqFt
4 Beds
•3 Full Baths, 1 Partial
Darci Wise, Listing Office: Re/Max Infinity
Is 16105, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 16105 has remained a Seller's Market.
Key Takeaway
16105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16105, PA
How much do homes in 16105, PA cost?
Median Sold Price
$179,900
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,950(+9.7%)
Key Takeaway
Homes in 16105 have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in 16105 was $179,900 in November 2024, up 9.7% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $17K | $154K | +805.9% |
| 2 Bedrooms | $128K | $158K | +23.4% |
| 3 Bedrooms | $147.7K | $169.6K | +14.8% |
| 4 Bedrooms | $214.5K | $235K | +9.6% |
| 5+ Bedrooms | $356.2K | $227.5K | -36.1% |
Summary: 16105 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 805.9%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 36.1%.
Median Sold Price Compared To Nearby Zip Codes
| 16142 | $214.2K | $255K | +19.0% |
| 16105 | $163.9K | $179.9K | +9.7% |
| 16101 | $101K | $110K | +8.9% |
Housing Supply in 16105, PA
How many homes are available in 16105, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 92 | 90 | -2.2% |
Summary: The 16105 real estate market had 90 homes for sale in November 2024, a 2.2% 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 | 15 | 15 | 0.0% |
| 3 Bedrooms | 53 | 46 | -13.2% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 16105 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 decreased by 13.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16105, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 16105 in November 2024, up by 17.6% month-over-month. Of the 20 sold homes, 65% were sold under asking, 15% were sold at asking, and 20% were sold over asking.
Days on Market for 16105, PA
How long does it take to sell a home in 16105, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 57 Days | +20.8% |
Summary: Homes in 16105 had an average of 57 days on market in Nov 2024, up by 20.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 16105 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in 16105; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
