$1,009 Closing Credit*
$85,000
2 Beds
•2 Full Baths
#76414, Listing Office: Coldwell Banker Premier
Is 16625, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 16625 was a Neutral Market.
Key Takeaway
16625 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 16625, PA
How much do homes in 16625, PA cost?
Median Sold Price
$390,000
-
Based on all homes sold in December 2024.
Difference Since Last Month
+$332,750(+581.2%)
Key Takeaway
Homes in 16625 have sold for 581.2% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $54.5K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $78.2K | $390K | +398.7% |
| 4 Bedrooms | $1.8M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 16625 housing prices by bedroom type for December 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 398.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 16625 | $57.2K | $390K | +581.2% |
| 16637 | $183K | $195K | +6.6% |
Housing Supply in 16625, PA
How many homes are available in 16625, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Summary: The 16625 real estate market had 37 homes for sale in December 2024, a 5.7% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 16 | -20.0% |
| 2 Bedrooms | 4 | 10 | +150.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 16625 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 150%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
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 16625, 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 16625 in December 2024, down by 83.3% month-over-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 16625, PA
How long does it take to sell a home in 16625, PA?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 60 Days | 53 Days | -12.6% |
Summary: Homes in 16625 had an average of 53 days on market in Dec 2024, down by 12.6% compared to last month.
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 16625 has remained consistent over time.
Summary: During December 2024, 1 homes were sold in 16625; 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.
