$5,639 Closing Credit*
$474,900
2,031 SqFt
3 Beds
•2 Full Baths, 1 Partial
Paul Confer, Listing Office: Kissinger, Bigatel & Brower
Is 16803, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$396,750
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$38,250(-8.8%)
Key Takeaway
Homes in 16803 have sold for 8.8% less than they did a year ago.
Summary: The median home sold price in 16803 was $396,750 in December 2024, down 8.8% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $254.5K | $200K | -21.4% |
| 2 Bedrooms | $244.4K | $285K | +16.6% |
| 3 Bedrooms | $357.4K | $344.9K | -3.5% |
| 4 Bedrooms | $535K | $475K | -11.2% |
| 5+ Bedrooms | $695K | $725K | +4.3% |
Summary: 16803 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.4%, 2 bedroom homes increased by 16.6%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Zip Codes
| 16801 | $382.2K | $410.3K | +7.3% |
| 16870 | $444.9K | $448.4K | +0.8% |
| 16803 | $435K | $396.7K | -8.8% |
Housing Supply in 16803, PA
How many homes are available in 16803, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 48 | 39 | -18.8% |
Summary: The 16803 real estate market had 39 homes for sale in December 2024, a 18.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 19 | 13 | -31.6% |
| 4 Bedrooms | 20 | 16 | -20.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 16803 housing inventory by bedroom type for December 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 31.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 18 | +50.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 16803, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 16803 in December 2024, up by 50.0% month-over-month. Of the 18 sold homes, 56% were sold under asking, 39% were sold at asking, and 6% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 27 Days | 36 Days | +35.2% |
Summary: Homes in 16803 had an average of 36 days on market in Dec 2024, up by 35.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 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 December 2024, 18 homes were sold in 16803; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
