$4,156 Closing Credit*
$350,000
2,216 SqFt
3 Beds
•2 Full Baths
Lara Villanueva, Listing Office: Kissinger, Bigatel & Brower
Is 16823, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 16823 has remained a Seller's Market.
Key Takeaway
16823 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16823, PA
How much do homes in 16823, PA cost?
Median Sold Price
$312,816
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,316(+6.9%)
Key Takeaway
Homes in 16823 have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in 16823 was $312,816 in November 2024, up 6.9% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146.1K | $121.2K | -17.0% |
| 2 Bedrooms | $215K | $211K | -1.9% |
| 3 Bedrooms | $295.9K | $309.5K | +4.6% |
| 4 Bedrooms | $380K | $413.9K | +8.9% |
| 5+ Bedrooms | $520.8K | $569.9K | +9.4% |
Summary: 16823 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Zip Codes
| 16844 | $220K | $245K | +11.4% |
| 16823 | $292.5K | $312.8K | +6.9% |
Housing Supply in 16823, PA
How many homes are available in 16823, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 109 | 84 | -22.9% |
Summary: The 16823 real estate market had 84 homes for sale in November 2024, a 22.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 64 | 52 | -18.8% |
| 4 Bedrooms | 28 | 22 | -21.4% |
| 5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The 16823 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 24 | -14.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16823, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 16823 in November 2024, down by 14.3% month-over-month. Of the 24 sold homes, 46% were sold under asking, 29% were sold at asking, and 25% were sold over asking.
Days on Market for 16823, PA
How long does it take to sell a home in 16823, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 41 Days | +119.1% |
Summary: Homes in 16823 had an average of 41 days on market in Nov 2024, up by 119.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 16823 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in 16823; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
