$4,370 Closing Credit*
$368,000
1,658 SqFt
3 Beds
•2 Full Baths
Joseph Carofino, Listing Office: Advantage Homes Real Estate
Is 16157, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 16157 has remained a Seller's Market.
Key Takeaway
16157 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16157, PA
How much do homes in 16157, PA cost?
Median Sold Price
$219,250
$135/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$4,200(-1.9%)
Key Takeaway
Homes in 16157 have sold for 1.9% less than they did a month ago.
Summary: The median home sold price in 16157 was $219,250 in October 2024, down 1.9% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $222.5K | N/A |
| 3 Bedrooms | $223.4K | $186.1K | -16.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $218.5K | N/A |
Summary: 16157 housing prices by bedroom type for October 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 decreased by 16.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 16157, PA
How many homes are available in 16157, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The 16157 real estate market had 11 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16157 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16157, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 16157 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 16157, PA
How long does it take to sell a home in 16157, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 86 Days | 44 Days | -49.1% |
Summary: Homes in 16157 had an average of 44 days on market in Oct 2024, down by 49.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 16157 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 16157; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
