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Sarah Mitchell

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Compass Real Estate · Shanksville, PA

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

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

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Shanksville, PA Housing Market

Seller's market
Redfin, through January 2025 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $200,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 119 days, Shanksville is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $200,000 home is about $1,068/mo in principal and interest.

Key numbers for Shanksville, PA

Median sale price

$200,000

Last published period

Redfin, through January 2025

Days on market

119

Slow-moving

Redfin, through January 2025

Active listings

1

1.0 months of supply

Redfin, through January 2025

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$56,250

Home costs 3.6x income

U.S. Census ACS, 2023

Sale-to-list ratio

101.3%

Selling above asking

Redfin, through January 2025

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Shanksville a buyer's or seller's market?

Seller's market1.0 months of supply119 days on market101.3% of asking

Shanksville, PA is a seller's market, based on 1.0 months of supply and homes selling in about 119 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Shanksville housing market data show?

Every row below is Redfin's final published month for Shanksville, PA. Redfin, through January 2025

Housing market statistics for Shanksville, PA, Redfin through May 2026
MetricValue
Median sale price$200,000
Median price per sq ft$92/sq ft
Median days on market119 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio101.3%
Homes sold (that month)1
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Shanksville is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Shanksville is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Shanksville home prices moved?

Across the 7 months we hold for Shanksville, PA, the median sale price rose 107.3%, from $96,500 in June 2022 to $200,000. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 101.3%. Watch those two together — they move before the median does.

Redfin, through January 2025 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Shanksville?

Priced off the median sale price of $200,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Shanksville, PA
Down paymentCash at closeLoan amountMonthly P&I
20%$40,000$160,000$1,068/mo
5%$10,000$190,000$1,268/mo

Redfin, through January 2025 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,068, that implies roughly $45,759 a year before you add taxes and insurance. The median household in Shanksville earns $56,250, about $10,491 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.6x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Shanksville in the next 12 months?

Tell us your timeline. We send the Shanksville market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Shanksville?

Zillow does not publish a rent index (ZORI) for Shanksville, PA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Shanksville?

Active listings in Shanksville, PA went from 1 in June 2022 to 1 in January 2025, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Shanksville, PA
MonthActive listingsNew listings
June 20221not published
August 202211
January 20251not published

Redfin, through January 2025

How does Shanksville compare to Pennsylvania and the U.S.?

Shanksville homes sell for $200,000 — 39% below the Pennsylvania median of $330,200. Against the national median of $410,700, Shanksville runs 51% lower.

Shanksville, PA compared with Pennsylvania and the United States
MarketMedian sale priceYoYDays on market
Shanksville, PA$200,000not published119 days
Pennsylvania statewide$330,200+5.3%30 days
United States$410,700not publishednot published

City and state rows: Redfin, through January 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Shanksville

What buyers should watch

  • Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The gap between 5% and 20% down here is $200 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $200,000 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Shanksville listing goes under contract in 119 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 101.3% of asking. Price at the number you want and let competition do the rest.
  • Comparable ZIP-level pricing inside Shanksville varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Shanksville

There are currently 1 homes listed for sale in Shanksville, Pennsylvania.

Active listings

1

Homes on market

Avg. days on market

119

Days until sale

Sale-to-list:101.3%

How much do homes cost in Shanksville by property type?

How the Shanksville, PA market breaks down across single-family homes, condos and townhouses. Redfin, through January 2025

Median price, price per square foot, homes sold and days on market by property type in Shanksville, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$200,000$92/sq ft1119 days

Who lives in Shanksville?

American Community Survey estimates for Shanksville. U.S. Census ACS, 2023

Population

164

Households

64

Median income

$56,250/yr

Median age

36.3 years

Owner-occupied

93.8%

Median home value

$97,000

Median gross rent

$725/mo

Mean commute

21.3 min

93.8% of occupied homes in Shanksville are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which public schools serve Shanksville?

3 schools tracked · 291 students

The largest public schools serving Shanksville, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Shanksville-Stonycreek El Sch

Grades PK-5 · 142 students

Public

Shanksville-Stonycreek HS

Grades 9-12 · 89 students

Public

Shanksville-Stonycreek MS

Grades 6-8 · 60 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Shanksville, PA?

Ordered by distance from Shanksville, not by size. Compare Shanksville side by side with any of them.

Shanksville housing market FAQ

Is Shanksville a buyer's or seller's market?

Shanksville, PA is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 119 days, and sellers getting 101.3% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Shanksville?

The median sale price in the last month Redfin published was $200,000, about $92 per square foot.

Is Shanksville cheaper than the rest of Pennsylvania?

Shanksville's median sale price of $200,000 is 39% lower than the Pennsylvania statewide median of $330,200, and 51% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Shanksville?

Homes in Shanksville, PA spent a median of 119 days on market before going under contract, versus 30 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Shanksville?

At the current 30-year fixed rate of 7.03%, 20% down on a $200,000 home is about $1,068 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $45,759 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $56,250.

Are home prices rising in Shanksville?

We do not hold a complete 12-month value series for Shanksville, PA yet, so we are not going to call a direction. The price chart above shows every period we do have.

What are the cheapest ZIP codes in Shanksville?

Shanksville ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Shanksville?

That depends on your timeline, not on a headline. What the data says today: Shanksville, PA is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.