$3,266 Closing Credit*
$275,000
1,664 SqFt
3 Beds
•2 Full Baths
Denise Canacci, Listing Office: Howard Hanna Real Estate Services
Is 16143, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 16143 has remained a Seller's Market.
Key Takeaway
16143 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16143, PA
How much do homes in 16143, PA cost?
Median Sold Price
$209,900
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$50,100(-19.3%)
Key Takeaway
Homes in 16143 have sold for 19.3% less than they did a year ago.
Summary: The median home sold price in 16143 was $209,900 in October 2024, down 19.3% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $156.5K | -10.6% |
| 3 Bedrooms | $235K | $243.2K | +3.5% |
| 4 Bedrooms | $300K | $250K | -16.7% |
| 5+ Bedrooms | - | $242K | N/A |
Summary: 16143 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 10.6%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 16105 | $158.5K | $179.9K | +13.5% |
| 16143 | $260K | $209.9K | -19.3% |
Housing Supply in 16143, PA
How many homes are available in 16143, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The 16143 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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 16143 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16143, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 16143 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 16143, PA
How long does it take to sell a home in 16143, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 112 Days | +115.4% |
Summary: Homes in 16143 had an average of 112 days on market in Oct 2024, up by 115.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 16143 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in 16143; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
