$695,000
3.91 Acres
Land
Michael Baker, Listing Office: PKA Realty Advisors & Brokerage, LLC
Is 16828, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 16828 was a Neutral Market.
Key Takeaway
16828 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16828, PA
How much do homes in 16828, PA cost?
Median Sold Price
$385,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$50,500(+15.1%)
Key Takeaway
Homes in 16828 have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in 16828 was $385,000 in December 2024, up 15.1% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $172.5K | N/A |
| 2 Bedrooms | $180K | $440K | +144.4% |
| 3 Bedrooms | $297.5K | $325K | +9.2% |
| 4 Bedrooms | $462.7K | $469.9K | +1.6% |
| 5+ Bedrooms | $402.5K | $600K | +49.1% |
Summary: 16828 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 144.4%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 49.1%.
Median Sold Price Compared To Nearby Zip Codes
| 16827 | $395K | $458.5K | +16.1% |
| 16828 | $334.5K | $385K | +15.1% |
| 16801 | $382.2K | $410.3K | +7.3% |
Housing Supply in 16828, PA
How many homes are available in 16828, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Summary: The 16828 real estate market had 20 homes for sale in December 2024, a 13.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16828 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 remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16828, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 16828 in December 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 16828, PA
How long does it take to sell a home in 16828, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 1 Days | 71 Days | +4633.3% |
Summary: Homes in 16828 had an average of 71 days on market in Dec 2024, up by 4633.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 16828 has remained consistent over time.
Summary: During December 2024, 6 homes were sold in 16828; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
