$3,194 Closing Credit*
$269,000
2,685 SqFt
4 Beds
•2 Full Baths
Sherie Babb, Listing Office: Berkshire Hathaway The Preferred Realty
Is 16142, 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, 16142 was a Neutral Market.
Key Takeaway
16142 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16142, PA
How much do homes in 16142, PA cost?
Median Sold Price
$255,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,750(+19.0%)
Key Takeaway
Homes in 16142 have sold for 19% more than they did a year ago.
Summary: The median home sold price in 16142 was $255,000 in November 2024, up 19% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $263K | $249.9K | -5.0% |
| 3 Bedrooms | $189K | $299K | +58.2% |
| 4 Bedrooms | $243K | $250K | +2.9% |
| 5+ Bedrooms | $300K | $295K | -1.7% |
Summary: 16142 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 5%, 3 bedroom homes increased by 58.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in 16142, PA
How many homes are available in 16142, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The 16142 real estate market had 12 homes for sale in November 2024, a 20.0% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16142 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16142, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 16142 in November 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 16142, PA
How long does it take to sell a home in 16142, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 117 Days | 142 Days | +20.9% |
Summary: Homes in 16142 had an average of 142 days on market in Nov 2024, up by 20.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 16142 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in 16142; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
