Is 16673, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 16673 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 16673 was a Seller's Market.

Key Takeaway

16673 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 16673, PA

How much do homes in 16673, PA cost?

Median Sold Price

$180,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

+$125(+0.1%)

Key Takeaway

The sold price of homes in 16673 has remained the same since last month.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $190.7K-
N/A
3 $169K$180K
+6.5%
4 --
N/A
5+ --
N/A

Summary: 16673 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 6.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

16625
+581.2%
16637
+6.6%
16673
0.1%
16662
-54.3%
16695
-72.4%

Housing Supply in 16673, PA

How many homes are available in 16673, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
118-27.3%

Summary: The 16673 real estate market had 8 homes for sale in December 2024, a 27.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 10
-100.0%
3 65
-16.7%
4 22
0.0%
5+ 11
0.0%

Summary: The 16673 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 16673, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 16673 in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 16673, PA

How long does it take to sell a home in 16673, PA?

Average Sale Time

Nov 2024Dec 2024CHANGE
23 Days45 Days+91.5%

Summary: Homes in 16673 had an average of 45 days on market in Dec 2024, up by 91.5% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 16673 has remained consistent over time.

Summary: During December 2024, 1 homes were sold in 16673; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in 16673, PA

Nearby Markets to 16673, PA