$2,126 Closing Credit*
$179,000
3 Beds
•1 Full Bath, 1 Partial
Sara McCauley, Listing Office: Berkshire Hathaway The Preferred Realty
Is 16150, 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, 16150 was a Buyer's Market.
Key Takeaway
16150 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16150, PA
How much do homes in 16150, PA cost?
Median Sold Price
$150,700
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,200(-14.3%)
Key Takeaway
Homes in 16150 have sold for 14.3% less than they did a year ago.
Summary: The median home sold price in 16150 was $150,700 in November 2024, down 14.3% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $130K | $115K | -11.5% |
| 3 Bedrooms | $185K | $187.5K | +1.4% |
| 4 Bedrooms | $175K | $165K | -5.7% |
| 5+ Bedrooms | $218.7K | $294.2K | +34.5% |
Summary: 16150 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 11.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 34.5%.
Housing Supply in 16150, PA
How many homes are available in 16150, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Summary: The 16150 real estate market had 21 homes for sale in November 2024, a 22.2% decrease 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16150 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 decreased by 16.7%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16150, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 16150 in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for 16150, PA
How long does it take to sell a home in 16150, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 35 Days | -45.5% |
Summary: Homes in 16150 had an average of 35 days on market in Nov 2024, down by 45.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 16150 has remained consistent over time.
Summary: During November 2024, 5 homes were sold in 16150; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
