$1,128 Closing Credit*
$95,000
1,581 SqFt
4 Beds
•1 Full Bath
Robin Marshall, Listing Office: Realty One Group Horizon
Is 16229, 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, 16229 has remained a Seller's Market.
Key Takeaway
16229 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16229, PA
How much do homes in 16229, PA cost?
Median Sold Price
$189,250
$93/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$115,750(-38.0%)
Key Takeaway
Homes in 16229 have sold for 38% less than they did a month ago.
Summary: The median home sold price in 16229 was $189,250 in October 2024, down 38% from last month, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $221.5K | $331.5K | +49.7% |
| 4 Bedrooms | $328K | $47K | -85.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: 16229 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 increased by 49.7%, 4 bedroom homes decreased by 85.7%, and 5+ bedroom homes did not change.
Housing Supply in 16229, PA
How many homes are available in 16229, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The 16229 real estate market had 11 homes for sale in October 2024, a 15.4% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16229 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 decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 16229, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 16229 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 16229, PA
How long does it take to sell a home in 16229, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 91 Days | +1037.5% |
Summary: Homes in 16229 had an average of 91 days on market in Oct 2024, up by 1037.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 16229 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 16229; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
