Is 16134, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 16134 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 16134 was a Buyer's Market.

Key Takeaway

16134 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 16134, PA

How much do homes in 16134, PA cost?

Median Sold Price

$89,500

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$240,500(-72.9%)

Key Takeaway

Homes in 16134 have sold for 72.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$89.5K
N/A
3 --
N/A
4 $330K-
N/A
5+ --
N/A

Summary: 16134 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 16134, PA

How many homes are available in 16134, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1210-16.7%

Summary: The 16134 real estate market had 10 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 43
-25.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The 16134 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 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 16134, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 16134 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 16134, PA

How long does it take to sell a home in 16134, PA?

Average Sale Time

Oct 2024Nov 2024CHANGE
332 Days34 Days-89.8%

Summary: Homes in 16134 had an average of 34 days on market in Nov 2024, down by 89.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 16134 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 16134; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

Newest Listings in 16134, PA

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