$4,382 Closing Credit*
$369,000
2,256 SqFt
3 Beds
•2 Full Baths
Karla Musser-Ensor, Listing Office: Keller Williams Advantage Realty
Is 16823, 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, 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
$302,500
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,500(+2.5%)
Key Takeaway
Homes in 16823 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 16823 was $302,500 in October 2024, up 2.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146.1K | $176.3K | +20.7% |
| 2 Bedrooms | $238K | $207K | -13.0% |
| 3 Bedrooms | $295K | $307K | +4.1% |
| 4 Bedrooms | $379.5K | $413.9K | +9.1% |
| 5+ Bedrooms | $480.4K | $539.9K | +12.4% |
Summary: 16823 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.7%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 12.4%.
Housing Supply in 16823, PA
How many homes are available in 16823, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 109 | 101 | -7.3% |
Summary: The 16823 real estate market had 101 homes for sale in October 2024, a 7.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 64 | 59 | -7.8% |
| 4 Bedrooms | 31 | 26 | -16.1% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 16823 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 decreased by 11.1%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16823, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 16823 in October 2024, up by 13.0% month-over-month. Of the 26 sold homes, 46% were sold under asking, 35% were sold at asking, and 19% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 73 Days | +120.7% |
Summary: Homes in 16823 had an average of 73 days on market in Oct 2024, up by 120.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 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 October 2024, 26 homes were sold in 16823; 50% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
