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Featured local agent — Rheems, PA
Sarah Mitchell
Compass Real Estate · Rheems, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rheems, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$416,000median sale price
How is the Rheems, PA housing market right now?
The median home sale price in Rheems, PA is $416,000, down 9.4% year-over-year. Homes sell in an average of 3 days with 2 active listings. The market is currently a strong seller's 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 Rheems a buyer's or seller's market?
Rheems, PA is currently a strong seller's market, based on 0.7 months of supply and homes selling in about 3 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
3
Fast-moving
Active listings
2
0.7 months supply
Sale-to-list
112.0%
Above asking
What does the Rheems housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $416,000 |
| Median list price | $342,450 |
| Year-over-year price change | -9.4% |
| Average days on market | 3 days |
| Active inventory | 2 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 112.0% |
| Median price per sq ft | $205/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 2 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Rheems by property type?
How the Rheems, 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 | $416,000 | $205/sq ft | 3 | 3 days |
| Townhouse | $193,000 | $103/sq ft | 1 | 47 days |
Source: Redfin · Updated monthly
The Rheems housing market is currently classified as a strong seller's market with a median sale price of $416,000. Prices have fallen 9.4% compared to last year, with homes spending an average of 3 days on market, indicating 0.7 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 Rheems
There are currently 2 homes listed for sale in Rheems, Pennsylvania. The median listing price is $342K.
Active listings
2
Homes on market
Median list price
$342K
Avg. days on market
3
Days until sale
New this week
2
Newly listed
Who lives in Rheems?
Population
2,526
Median income
$93,229/yr
Median age
35.7 years
Owner-occupied
60.4%
College grads
23.5%
Avg commute
23.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Rheems?
Rheems is a community of approximately 3K residents with a median age of 35.7 years.The median household income is $93,229, which reflects a relatively affluent area with strong earning potential. 23.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.4%, showing a blend of owner and renter-occupied properties. The average commute time is 23.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rheems offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Rheems, PA?
Want a head-to-head view? Compare Rheems side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Rheems?
The median home sale price in Rheems is $416,000, down 9.4% from last year.
How long do homes stay on market in Rheems?
Homes typically spend 3 days on market before going under contract.
What is the median income in Rheems?
The median household income is $93,229 per year.
Is Rheems a buyer's or seller's market?
With 0.7 months of supply, Rheems is currently a strong seller's market.
How much does a single-family home cost in Rheems?
The median single-family home price in Rheems, PA is $416,000 (about $205 per square foot).
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