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Featured local agent — Penn Farms, PA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Penn Farms, PA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Penn Farms, PA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Penn Farms, PA Housing Market & Real Estate

Balanced market+40.2% YoY

Housing market overview · Updated monthly ·

$527,000median sale price

How is the Penn Farms, PA housing market right now?

The median home sale price in Penn Farms, PA is $527,000, up 40.2% year-over-year. Homes sell in an average of 4 days. 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 Penn Farms a buyer's or seller's market?

Balanced market4 avg. days on market

Penn Farms, PA is currently a balanced market and homes selling in about 4 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

4

Fast-moving

Active listings

Sale-to-list

97.6%

Below asking

What does the Penn Farms housing market data show?

Current housing market statistics for Penn Farms, PA
MetricValue
Median sale price$527,000
Median list price$500,000
Year-over-year price change+40.2%
Average days on market4 days
Sale-to-list price ratio97.6%
Median price per sq ft$196/sq ft
Homes sold (latest month)3
New listings (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Penn Farms by property type?

How the Penn Farms, PA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Penn Farms, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$527,000$196/sq ft34 days
Townhouse$205,000$96/sq ft1223 days

Source: Redfin · Updated monthly

The Penn Farms housing market is currently classified as a balanced market with a median sale price of $527,000. Prices have risen 40.2% compared to last year, with homes spending an average of 4 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Penn Farms

Explore homes currently listed for sale in Penn Farms, Pennsylvania across major real estate platforms.

Sale-to-list:97.6%

Who lives in Penn Farms?

Population

2,342

Median income

$105,536/yr

Median age

37.1 years

Owner-occupied

74.4%

College grads

56.8%

Avg commute

20.3 min

Source: U.S. Census Bureau ACS

What is it like to live in Penn Farms?

Penn Farms is a community of approximately 2K residents with a median age of 37.1 years.The median household income is $105,536, which reflects a relatively affluent area with strong earning potential. 56.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 74.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Penn Farms offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Penn Farms, PA?

Want a head-to-head view? Compare Penn Farms side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Penn Farms?

The median home sale price in Penn Farms is $527,000, up 40.2% from last year.

How long do homes stay on market in Penn Farms?

Homes typically spend 4 days on market before going under contract.

What is the median income in Penn Farms?

The median household income is $105,536 per year.

How much does a single-family home cost in Penn Farms?

The median single-family home price in Penn Farms, PA is $527,000 (about $196 per square foot).

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