Is 16866, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 16866 was a Seller's Market.
Housing Prices in 16866, PA
How much do homes in 16866, PA cost?
Median Sold Price
$170,500
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 16866 was $170,500 in March 2024, up 21.8% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | - | N/A |
2 Bedrooms | $125K | $121.9K | -2.4% |
3 Bedrooms | $135K | $180K | +33.3% |
4 Bedrooms | $146.2K | $167.8K | +14.8% |
5+ Bedrooms | $197.5K | $670K | +239.2% |
Summary: 16866 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 239.2%.
Housing Supply in 16866, PA
How many homes are available in 16866, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 30 | -11.8% |
Summary: The 16866 real estate market had 30 homes for sale in March 2024, a 11.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 16 | 14 | -12.5% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 16866 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 16866 in March 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 59 Days | +8.0% |
Summary: Homes in 16866 had an average of 59 days on market in Mar 2024, up by 8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 16866; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.