$1,544 Closing Credit*
$130,000
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 November 2023
At the same time last year, 16249 was a Buyer'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
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$22,875(-15.5%)
Key Takeaway
Homes in 16249 have sold for 15.5% less than they did a year ago.
Summary: The median home sold price in 16249 was $125,000 in November 2024, down 15.5% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135.3K | $84K | -38.0% |
| 3 Bedrooms | $155K | $152K | -1.9% |
| 4 Bedrooms | $208K | $89.9K | -56.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 16249 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 38%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 56.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 16249 | $147.8K | $125K | -15.5% |
| 15774 | $260K | $197.5K | -24.0% |
Housing Supply in 16249, PA
How many homes are available in 16249, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The 16249 real estate market had 5 homes for sale in November 2024, a 28.6% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16249 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 remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16249, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 16249 in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 3 Days | 31 Days | +933.3% |
Summary: Homes in 16249 had an average of 31 days on market in Nov 2024, up by 933.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 16249 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 16249; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
