$533 Closing Credit*
$44,900
841 SqFt
1 Bed
Nicole Beveridge, Listing Office: Ryen Realty LLC
Is 16866, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 16866 was a Seller's Market.
Key Takeaway
16866 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 16866, PA
How much do homes in 16866, PA cost?
Median Sold Price
$176,650
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,400(+18.4%)
Key Takeaway
Homes in 16866 have sold for 18.4% more than they did a year ago.
Summary: The median home sold price in 16866 was $176,650 in October 2024, up 18.4% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115.7K | $141K | +21.8% |
| 3 Bedrooms | $160K | $175K | +9.4% |
| 4 Bedrooms | $152.5K | $202.5K | +32.8% |
| 5+ Bedrooms | $149.9K | $300K | +100.1% |
Summary: 16866 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 32.8%, and 5+ bedroom homes increased by 100.1%.
Housing Supply in 16866, PA
How many homes are available in 16866, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 26 | -16.1% |
Summary: The 16866 real estate market had 26 homes for sale in October 2024, a 16.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 15 | 10 | -33.3% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 16866 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 3 | -72.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 16866, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 16866 in October 2024, down by 72.7% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 16866, PA
How long does it take to sell a home in 16866, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 24 Days | +8.5% |
Summary: Homes in 16866 had an average of 24 days on market in Oct 2024, up by 8.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 16866 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 16866; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
