$1,573 Closing Credit*
$132,500
1,769 SqFt
4 Beds
•2 Full Baths, 2 Partial
Sandra Bracken, Listing Office: Berkshire Hathaway The Preferred Realty
Is 16249, 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, 16249 has remained a Seller's Market.
Key Takeaway
16249 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16249, PA
How much do homes in 16249, PA cost?
Median Sold Price
$125,000
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$31,000(-19.9%)
Key Takeaway
Homes in 16249 have sold for 19.9% less than they did a year ago.
Summary: The median home sold price in 16249 was $125,000 in October 2024, down 19.9% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135.3K | $84K | -38.0% |
| 3 Bedrooms | $157K | $152K | -3.2% |
| 4 Bedrooms | $208K | $81.4K | -60.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 16249 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 38%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 60.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 15774 | $220K | $210K | -4.5% |
| 16249 | $156K | $125K | -19.9% |
Housing Supply in 16249, PA
How many homes are available in 16249, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The 16249 real estate market had 7 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 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16249 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 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 16249, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in 16249 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 16249, PA
How long does it take to sell a home in 16249, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 185 Days | +271.0% |
Summary: Homes in 16249 had an average of 185 days on market in Oct 2024, up by 271% compared to last year.
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 16249 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 16249; 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.
