$4,358 Closing Credit¹
#1686234, Gina Richman, Listing Office: Realty One Group Ultimate
16116 Housing Market Report February 2025•Lawrence County, Pennsylvania
Housing Prices in 16116, PA
How much do homes in 16116, PA cost?
Median List Price
$247,900$144/SqFt
+$48,000
+24.0%
Based on all homes listed in the last 12 months
Insight
The list price of homes in 16116 has increased by 24% since last year.
Summary: The median home list price in 16116 was $247,900 in February 2025, up 24% from the previous year, and the median price per square foot was $144.
Median List Price By Zip Codes
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 16102 | $75K | $99.9K | +33.2% |
| 16116 | $199.9K | $247.9K | +24.0% |
| 16112 | $112.4K | $135.1K | +20.2% |
| 16143 | $229.9K | $250K | +8.7% |
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $267.4K | N/A |
| 33 Bedrooms | $169.9K | $224.9K | +32.4% |
| 44 Bedrooms | $289.9K | $367K | +26.6% |
| 55+ Bedrooms | $500K | $444.9K | -11.0% |
Summary: 16116 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +32.4%. The home price for 4 bedroom homes increased by +26.6%. The home price for 5 bedroom homes decreased by -11.0%.
Housing supply in 16116, PA
How many homes are available in 16116, PA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthFeb 2025 | ||
| 72 months agoJan 2025 | -14.3 % Change MoMJan – Feb |
Summary: The 16116 real estate market had 6 homes for sale in Feb 2025, a 14.3 % decrease compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 1 | -50.0% |
| 33 Bedrooms | 3 | 3 | 0.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 16116 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Days on Market for 16116, PA
How long does it take to sell a home in 16116, PA?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 111 DaysThis YearFeb 2025 | ||
| 163 Days1 year agoFeb 2024 | -32.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 16116 had an average listing age of 111 days in Feb 2025, down by 32.1% compared to the previous year.
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Newest Listings in 16116, PA
What homes are available in 16116, PA?
$386 Closing Credit¹
#1682303, Melissa Hill, Listing Office: Berkshire Hathaway The Preferred Realty
$2,255 Closing Credit¹
#1681179, Robert Singer, Listing Office: Czekalski Real Estate
Backup offers
$4,630 Closing Credit¹
#1677874, Jacqueline Cooper, Listing Office: Keller Williams Realty
$5,166 Closing Credit¹
#1677011, Christina McCaskey, Listing Office: Berkshire Hathaway The Preferred Realty
Video tour
$4,155 Closing Credit¹
#1668339, Elizabeth Mutschler, Listing Office: Keller Williams Realty
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MLS Disclaimers and Copyright
Based on information from West Penn Multi-List Inc., for the period 03/01/2023 - 03/01/2025
The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.