Penn Estates, PA Housing Market & Real Estate

Buyer's market-0.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Penn Estates, PA is $332,250, down 0.7% year-over-year. Homes sell in an average of 165 days with 13 active listings. The market is currently a buyer's market.

$332,250median sale price

Homes sold

2

Last 12 weeks

Days on market

165

Average pace

Active listings

13

6.5 months supply

Sale-to-list

96.4%

Below asking

Penn Estates, PA market data

Current housing market statistics for Penn Estates, PA
MetricValue
Median sale price$332,250
Median list price$514,000
Year-over-year price change-0.7%
Average days on market165 days
Active inventory13 listings
Months of supply6.5 months
Sale-to-list price ratio96.4%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Penn Estates housing market is currently classified as a buyer's market with a median sale price of $332,250. Prices have fallen 0.7% compared to last year, with homes spending an average of 165 days on market, indicating 6.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Penn Estates

There are currently 13 homes listed for sale in Penn Estates, Pennsylvania. The median listing price is $514K.

Active listings

13

Homes on market

Median list price

$514K

Avg. days on market

165

Days until sale

New this week

4

Newly listed

Sale-to-list:96.4%

Explore nearby cities in PA

Frequently asked questions

What is the average home price in Penn Estates?

The median home sale price in Penn Estates is $332,250, down 0.7% from last year.

How long do homes stay on market in Penn Estates?

Homes typically spend 165 days on market before going under contract.

Is Penn Estates a buyer's or seller's market?

With 6.5 months of supply, Penn Estates is currently a buyer's market.

Get Penn Estates market alerts

Weekly updates on prices, inventory, and trends. Free forever.