Pennsylvania Housing Market
Cool MarketHousing market data and trends for Pennsylvania. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$310K
↑ 6.1% YoY
Days on Market
46 days
↑ 9.5% YoY
Active Inventory
24,846
↑ 0.4% YoY
Homes Sold
8,753
↓ 5.0% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Pennsylvania Market Summary
The Pennsylvania housing market is cooling down. As of March 2026, the median home sale price is $310K, up 6.1% year-over-year. Homes are spending a median of 46 days on the market, 9.5% longer than a year ago.
There are 24,846 homes for sale — 0.4% more than last year. With 2.8 months of supply, this is a seller's market. 13,728 new listings were added during this period, up 1.7% year-over-year.
Homes are selling for 98.6% of their list price on average, suggesting room for negotiation. 29.8% of homes sell above their asking price. 25.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 29% below the national median, which could indicate stronger cash flow potential.
Pennsylvania Market Trends
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Detailed Market Metrics
Median List Price
$327K
Price per Sq Ft
$186
Sale-to-List Ratio
98.6%
Months of Supply
2.8
Sold Above List
29.8%
Price Drops
25.1%
New Listings
13,728
↑ 1.7% YoY
Pending Sales
12,492
Metro Areas in Pennsylvania
Pittsburgh, PA metro area
$250K median
72 days
on market
Philadelphia, PA metro area
$290K median
56 days
on market
Montgomery County, PA metro area
$500K median
35 days
on market
Allentown, PA metro area
$345K median
21 days
on market
Harrisburg, PA metro area
$285K median
17 days
on market
York, PA metro area
$290K median
20 days
on market
Lancaster, PA metro area
$350K median
12 days
on market
Scranton, PA metro area
$240K median
36 days
on market
Reading, PA metro area
$290K median
13 days
on market
East Stroudsburg, PA metro area
$337K median
65 days
on market
Erie, PA metro area
$195K median
23 days
on market
Chambersburg, PA metro area
$272K median
44 days
on market
Lebanon, PA metro area
$282K median
18 days
on market
State College, PA metro area
$390K median
16 days
on market
Pottsville, PA metro area
$167K median
26 days
on market
Altoona, PA metro area
$155K median
40 days
on market
Gettysburg, PA metro area
$320K median
47 days
on market
Johnstown, PA metro area
$92K median
23 days
on market
New Castle, PA metro area
$173K median
82 days
on market
Williamsport, PA metro area
$225K median
65 days
on market
Bloomsburg, PA metro area
$251K median
78 days
on market
Sunbury, PA metro area
$158K median
52 days
on market
Meadville, PA metro area
$176K median
69 days
on market
Somerset, PA metro area
$155K median
85 days
on market
Indiana, PA metro area
$147K median
86 days
on market
Lewistown, PA metro area
$185K median
31 days
on market
Lock Haven, PA metro area
$208K median
52 days
on market
Sayre, PA metro area
$178K median
75 days
on market
Oil City, PA metro area
$120K median
139 days
on market
DuBois, PA metro area
$169K median
71 days
on market
Bradford, PA metro area
$139K median
78 days
on market
Selinsgrove, PA metro area
$269K median
42 days
on market
Lewisburg, PA metro area
$318K median
57 days
on market
Warren, PA metro area
$168K median
11 days
on market
St. Marys, PA metro area
$65K median
168 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.