Housing Prices in 16116, PA

How much do homes in 16116, PA cost?

Median List Price

$224,900

$147/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$55,000(+32.4%)

Key Takeaway

The list price of homes in 16116 has increased by 32.4% since last year.

Summary: The median home list price in 16116 was $224,900 in October 2024, up 32.4% from the previous year, and the median price per square foot was $147.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $69.9K$495K
+607.6%
3 $165K$212.4K
+28.7%
4 $219.9K$274.7K
+24.9%
5+ -$444.9K
N/A

Summary: 16116 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 increased by 607.6%, 3 bedroom homes increased by 28.7%, 4 bedroom homes increased by 24.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

16116
+32.4%
16143
-11.0%
16102
-13.6%

Housing Supply in 16116, PA

How many homes are available in 16116, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The 16116 real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 21
-50.0%
4 22
0.0%
5+ 01
+100.0%

Summary: The 16116 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 increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for 16116, PA

How long does it take to sell a home in 16116, PA?

Average Listing Age

Oct 2023Oct 2024CHANGE
502 Days399 Days-20.6%

Summary: Homes in 16116 had an average listing age of 399 days in Oct 2024, down by 20.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in 16116, PA

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