$3,444 Closing Credit*
$290,000
1,773 SqFt
3 Beds
•1 Full Bath
tyler david keech, Listing Office: Lime House
Is 16803, 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, 16803 has remained a Seller's Market.
Key Takeaway
16803 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16803, PA
How much do homes in 16803, PA cost?
Median Sold Price
$385,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$56,000(-12.7%)
Key Takeaway
Homes in 16803 have sold for 12.7% less than they did a year ago.
Summary: The median home sold price in 16803 was $385,000 in October 2024, down 12.7% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $232.2K | $200K | -13.9% |
| 2 Bedrooms | $254.4K | $249K | -2.1% |
| 3 Bedrooms | $384.9K | $335K | -13.0% |
| 4 Bedrooms | $544.9K | $459.5K | -15.7% |
| 5+ Bedrooms | $695K | $715K | +2.9% |
Summary: 16803 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.9%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Zip Codes
| 16801 | $388K | $407K | +4.9% |
| 16870 | $450K | $452.4K | 0.5% |
| 16803 | $441K | $385K | -12.7% |
Housing Supply in 16803, PA
How many homes are available in 16803, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 52 | -3.7% |
Summary: The 16803 real estate market had 52 homes for sale in October 2024, a 3.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 22 | 21 | -4.5% |
| 4 Bedrooms | 22 | 18 | -18.2% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 16803 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 increased by 25%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16803, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 16803 in October 2024, up by 30.0% month-over-month. Of the 13 sold homes, 31% were sold under asking, 46% were sold at asking, and 23% were sold over asking.
Days on Market for 16803, PA
How long does it take to sell a home in 16803, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 16 Days | +10.8% |
Summary: Homes in 16803 had an average of 16 days on market in Oct 2024, up by 10.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 16803 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 16803; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
