$1,186 Closing Credit*
$99,900
3 Beds
•1 Full Bath
Janet Landfried, Listing Office: Howard Hanna Real Estate Services
Is 16424, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 16424 was a Neutral Market.
Key Takeaway
16424 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16424, PA
How much do homes in 16424, PA cost?
Median Sold Price
$169,950
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$72,000(+73.5%)
Key Takeaway
Homes in 16424 have sold for 73.5% more than they did a year ago.
Summary: The median home sold price in 16424 was $169,950 in October 2024, up 73.5% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $81K | $160K | +97.5% |
| 3 Bedrooms | $97.9K | $152.9K | +56.2% |
| 4 Bedrooms | $185.3K | $330K | +78.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: 16424 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 increased by 97.5%, 3 bedroom homes increased by 56.2%, 4 bedroom homes increased by 78%, and 5+ bedroom homes did not change.
Housing Supply in 16424, PA
How many homes are available in 16424, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The 16424 real estate market had 5 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 | 4 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 16424 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16424, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 16424 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 16424, PA
How long does it take to sell a home in 16424, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 38 Days | -20.8% |
Summary: Homes in 16424 had an average of 38 days on market in Oct 2024, down by 20.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 16424 has remained consistent over time.
Summary: During October 2024, 1 homes were sold in 16424; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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