Is 16827, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 16827 has remained a Seller's Market.
Housing Prices in 16827, PA
How much do homes in 16827, PA cost?
Median Sold Price
$395,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 16827 was $395,000 in April 2024, down 8.1% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $430K | $395K | -8.1% |
3 Bedrooms | $358K | $350K | -2.2% |
4 Bedrooms | $600K | $403.2K | -32.8% |
5+ Bedrooms | $550K | $711K | +29.3% |
Summary: 16827 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 32.8%, and 5+ bedroom homes increased by 29.3%.
Median Sold Price Compared To Nearby Zip Codes
16801 | $390K | $384.6K | -1.4% |
16823 | $296.1K | $289.9K | -2.1% |
16828 | $339.4K | $325K | -4.3% |
16827 | $430K | $395K | -8.1% |
Housing Supply in 16827, PA
How many homes are available in 16827, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Summary: The 16827 real estate market had 16 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 3 | 7 | +133.3% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 16827 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 133.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 16827 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 16827, PA
How long does it take to sell a home in 16827, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 33 Days | +108.3% |
Summary: Homes in 16827 had an average of 33 days on market in Apr 2024, up by 108.3% 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
Summary: During April 2024, 3 homes were sold in 16827; 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.