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Sarah Mitchell

CNESRESABR

Compass Real Estate · Penn Lake Park, PA

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

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

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Penn Lake Park, PA Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$225,000median sale price

How is the Penn Lake Park, PA housing market right now?

The median home sale price in Penn Lake Park, PA is $225,000. Homes sell in an average of 326 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Penn Lake Park a buyer's or seller's market?

Balanced market1.0 months of supply326 avg. days on market

Penn Lake Park, PA is currently a balanced market, based on 1.0 months of supply and homes selling in about 326 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

326

Average pace

Active listings

1

1.0 months supply

Sale-to-list

93.8%

Below asking

What does the Penn Lake Park housing market data show?

Current housing market statistics for Penn Lake Park, PA
MetricValue
Median sale price$225,000
Median list price$545,000
Average days on market326 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio93.8%
Median price per sq ft$179/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Penn Lake Park by property type?

How the Penn Lake Park, 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 Lake Park, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$225,000$179/sq ft1326 days

Source: Redfin · Updated monthly

The Penn Lake Park housing market is currently classified as a balanced market with a median sale price of $225,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 326 days on market, indicating 1.0 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 Penn Lake Park

There are currently 1 homes listed for sale in Penn Lake Park, Pennsylvania. The median listing price is $545K.

Active listings

1

Homes on market

Median list price

$545K

Avg. days on market

326

Days until sale

New this week

1

Newly listed

Sale-to-list:93.8%

Who lives in Penn Lake Park?

Population

343

Median income

$79,375/yr

Median age

52.1 years

Owner-occupied

92.1%

College grads

33.0%

Avg commute

30.5 min

Source: U.S. Census Bureau ACS

What is it like to live in Penn Lake Park?

Penn Lake Park is a community of approximately 0K residents with a median age of 52.1 years.The median household income is $79,375, which reflects a relatively affluent area with strong earning potential. 33.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 92.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Penn Lake Park offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Penn Lake Park, PA?

Want a head-to-head view? Compare Penn Lake Park 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 Lake Park?

The median home sale price in Penn Lake Park is $225,000, down 0.0% from last year.

How long do homes stay on market in Penn Lake Park?

Homes typically spend 326 days on market before going under contract.

What is the median income in Penn Lake Park?

The median household income is $79,375 per year.

Is Penn Lake Park a buyer's or seller's market?

With 1.0 months of supply, Penn Lake Park is currently a balanced market.

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

The median single-family home price in Penn Lake Park, PA is $225,000 (about $179 per square foot).

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