Penn Estates, PA Housing Market & Real Estate
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
| Metric | Value |
|---|---|
| Median sale price | $332,250 |
| Median list price | $514,000 |
| Year-over-year price change | -0.7% |
| Average days on market | 165 days |
| Active inventory | 13 listings |
| Months of supply | 6.5 months |
| Sale-to-list price ratio | 96.4% |
| Market condition | Buyer'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
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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.
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