$2,613 Closing Credit*
$220,000
1,170 SqFt
2 Beds
•1 Full Bath
Scott L Yocum, Listing Office: Yocum Real Estate Centre, LLC
Is 16844, 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, 16844 has remained a Seller's Market.
Key Takeaway
16844 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 16844, PA
How much do homes in 16844, PA cost?
Median Sold Price
$245,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+11.4%)
Key Takeaway
Homes in 16844 have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in 16844 was $245,000 in November 2024, up 11.4% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $145.9K | -8.8% |
| 3 Bedrooms | $295K | $267.4K | -9.3% |
| 4 Bedrooms | $94K | $419.5K | +346.3% |
| 5+ Bedrooms | - | $325K | N/A |
Summary: 16844 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.8%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes increased by 346.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 16844 | $220K | $245K | +11.4% |
| 16866 | $160K | $176.6K | +10.4% |
| 16823 | $292.5K | $312.8K | +6.9% |
| 16870 | $440K | $455K | +3.4% |
Housing Supply in 16844, PA
How many homes are available in 16844, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The 16844 real estate market had 6 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 16844 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 16844, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 16844 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 16844, PA
How long does it take to sell a home in 16844, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 26 Days | -54.1% |
Summary: Homes in 16844 had an average of 26 days on market in Nov 2024, down by 54.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 16844 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 16844; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
