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Featured local agent — Pen Mar, PA
Sarah Mitchell
Compass Real Estate · Pen Mar, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pen Mar, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$399,900median sale price
How is the Pen Mar, PA housing market right now?
The median home sale price in Pen Mar, PA is $399,900, up 77.7% year-over-year. Homes sell in an average of 3 days with 4 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Pen Mar a buyer's or seller's market?
Pen Mar, PA is currently a balanced market, based on 4.0 months of supply and homes selling in about 3 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
3
Fast-moving
Active listings
4
4.0 months supply
Sale-to-list
100.0%
Above asking
What does the Pen Mar housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $399,900 |
| Median list price | $394,500 |
| Year-over-year price change | +77.7% |
| Average days on market | 3 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $298/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Pen Mar by property type?
How the Pen Mar, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $399,900 | $298/sq ft | 1 | 3 days |
Source: Redfin · Updated monthly
The Pen Mar housing market is currently classified as a balanced market with a median sale price of $399,900. Prices have risen 77.7% compared to last year, with homes spending an average of 3 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Pen Mar
There are currently 4 homes listed for sale in Pen Mar, Pennsylvania. The median listing price is $395K.
Active listings
4
Homes on market
Median list price
$395K
Avg. days on market
3
Days until sale
New this week
2
Newly listed
Who lives in Pen Mar?
Population
1,338
Median income
$117,010/yr
Median age
35.3 years
Owner-occupied
96.0%
College grads
30.4%
Avg commute
30 min
Source: U.S. Census Bureau ACS
What is it like to live in Pen Mar?
Pen Mar is a community of approximately 1K residents with a median age of 35.3 years.The median household income is $117,010, which reflects a relatively affluent area with strong earning potential. 30.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 96.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 30 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Pen Mar offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Pen Mar, PA?
Want a head-to-head view? Compare Pen Mar side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Pen Mar?
The median home sale price in Pen Mar is $399,900, up 77.7% from last year.
How long do homes stay on market in Pen Mar?
Homes typically spend 3 days on market before going under contract.
What is the median income in Pen Mar?
The median household income is $117,010 per year.
Is Pen Mar a buyer's or seller's market?
With 4.0 months of supply, Pen Mar is currently a balanced market.
How much does a single-family home cost in Pen Mar?
The median single-family home price in Pen Mar, PA is $399,900 (about $298 per square foot).
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