$297 Closing Credit*
$25,000
2 Beds
•1 Full Bath
Ebony Paige, Listing Office: Realty One Group Ultimate
Is 16146, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 16146 was a Seller's Market.
Key Takeaway
16146 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 16146, PA
How much do homes in 16146, PA cost?
Median Sold Price
$79,650
$62/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,650(+10.6%)
Key Takeaway
Homes in 16146 have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in 16146 was $79,650 in October 2024, up 10.6% from last year, and the median price per square foot was $62.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $128.7K | N/A |
| 2 Bedrooms | $60K | $65K | +8.3% |
| 3 Bedrooms | $72K | $78.5K | +9.0% |
| 4 Bedrooms | $65K | $127K | +95.4% |
| 5+ Bedrooms | $177.5K | $165K | -7.0% |
Summary: 16146 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 8.3%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 95.4%, and 5+ bedroom homes decreased by 7%.
Housing Supply in 16146, PA
How many homes are available in 16146, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 82 | +1.2% |
Summary: The 16146 real estate market had 82 homes for sale in October 2024, a 1.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 18 | 14 | -22.2% |
| 3 Bedrooms | 46 | 51 | +10.9% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 16146 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16146, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 16146 in October 2024, up by 50.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 16146, PA
How long does it take to sell a home in 16146, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 50 Days | +20.4% |
Summary: Homes in 16146 had an average of 50 days on market in Oct 2024, up by 20.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 16146 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 16146; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
