New Kensington, PA Housing Market & Real Estate

Balanced market+32.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in New Kensington, PA is $176,000, up 32.4% year-over-year. Homes sell in an average of 112 days with 42 active listings. The market is currently a balanced market.

$176,000median sale price

Homes sold

15

Last 12 weeks

Days on market

112

Average pace

Active listings

42

2.8 months supply

Sale-to-list

92.5%

Below asking

New Kensington, PA market data

Current housing market statistics for New Kensington, PA
MetricValue
Median sale price$176,000
Median list price$160,000
Year-over-year price change+32.4%
Average days on market112 days
Active inventory42 listings
Months of supply2.8 months
Sale-to-list price ratio92.5%
Market conditionBalanced market

Source: Redfin · Updated weekly

The New Kensington housing market is currently classified as a balanced market with a median sale price of $176,000. Prices have risen 32.4% compared to last year, with homes spending an average of 112 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in New Kensington

There are currently 42 homes listed for sale in New Kensington, Pennsylvania. The median listing price is $160K.

Active listings

42

Homes on market

Median list price

$160K

Avg. days on market

112

Days until sale

New this week

9

Newly listed

Price drops:14.3%of listings
Sale-to-list:92.5%

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Frequently asked questions

What is the average home price in New Kensington?

The median home sale price in New Kensington is $176,000, up 32.4% from last year.

How long do homes stay on market in New Kensington?

Homes typically spend 112 days on market before going under contract.

Is New Kensington a buyer's or seller's market?

With 2.8 months of supply, New Kensington is currently a balanced market.

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