Skip to content
Skip to content
TopHapOpen in map

ZIP 16048

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Pennsylvania
$29K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
-34.8%
1-yr changeHow much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$120K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2024 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
201720182021202220232024
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
201720182021202220232024
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
201720182021202220232024
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
201720182021202220232024
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
201720182021202220232024
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
201720182021202220232024
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
201720182021202220232024
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
201720182021202220232024
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
201720182021202220232024

Housing Stock

HomesHow many homes we have records for in this area.42
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$120K
Median sizeThe middle home size here, measured in square feet.1,256 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1910
Single familyThe share of homes here that are single-family houses.93%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.69%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.3.4%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.67%
Company ownedThe share of homes owned by a company or trust instead of a person.4.8%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.25%
Typical ownership tenureHow long the typical owner here has held their home.126.6 yrs

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How ZIP 16048 compares

The shape of ZIP 16048’s housing stock, from county assessor records refreshed nightly.

Home values in ZIP 16048

Share of homes at each estimated value.

Median
$56K$350K

About the ZIP 16048 market

What is the median home price in ZIP 16048, PA?

The median sale price in ZIP 16048, PA is $29,000 (data through April 2024), based on deeds recorded with the county. That is down 34.8% from a year earlier.

How many homes sell in ZIP 16048, PA each year?

1 homes sold in ZIP 16048, PA over the last 12 months (data through April 2024). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in ZIP 16048, PA?

ZIP 16048, PA contains 42 residential properties, with a median of 1,256 square feet, 3 bedrooms, built around 1910. The median TopHap Estimate is $120K.

Do people own or rent in ZIP 16048, PA?

67% of homes in ZIP 16048, PA are owner-occupied. 5% are held by a company rather than an individual.

How much equity do owners in ZIP 16048, PA hold?

69% of mortgaged homes in ZIP 16048, PA are equity-rich, meaning the loan balance is under half the home's value. 3.4% owe more than the home is worth.

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse PA property records.

Explore ZIP 16048 on the map

See every recorded sale, price heat map, school zone and flood overlay across ZIP 16048in TopHap’s interactive 3D map.

Open in map