Pennsylvania Housing Market

Cool Market

Housing market data and trends for Pennsylvania. Track median prices, inventory, days on market, and competition metrics for real estate investors.

Data period: January 2026

Median Sale Price

$300K

4.8% YoY

Days on Market

50 days

11.1% YoY

Active Inventory

23,511

0.4% YoY

Homes Sold

7,326

5.9% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Pennsylvania Market Summary

The Pennsylvania housing market is cooling down. As of January 2026, the median home sale price is $300K, up 4.8% year-over-year. Homes are spending a median of 50 days on the market, 11.1% longer than a year ago.

There are 23,511 homes for sale — 0.4% fewer than last year. With 3.2 months of supply, this is a seller's market. 8,664 new listings were added during this period, down 6.1% year-over-year.

Homes are selling for 97.8% of their list price on average, suggesting room for negotiation. 24.2% of homes sell above their asking price. 22.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

68

Contributing Factors

Months of Supply 3.2
Days on Market 50
Price Drops 22.6%
Sale-to-List Ratio 97.8%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 29.1%
Days on Market (National: 66) 24.2%
Inventory (National: 1,210,379) 98.1%

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

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Sale-to-List Ratio

Listings with Price Drops

Detailed Market Metrics

Median List Price

$301K

Price per Sq Ft

$180

Sale-to-List Ratio

97.8%

Months of Supply

3.2

Sold Above List

24.2%

Price Drops

22.6%

New Listings

8,664

6.1% YoY

Pending Sales

8,810

Metro Areas in Pennsylvania

Pittsburgh, PA metro area

$229K median

Cold Market

77 days

on market

Philadelphia, PA metro area

$287K median

Cool Market

61 days

on market

Montgomery County, PA metro area

$489K median

Cool Market

47 days

on market

Allentown, PA metro area

$350K median

Warm Market

28 days

on market

Harrisburg, PA metro area

$270K median

Warm Market

31 days

on market

York, PA metro area

$301K median

Warm Market

26 days

on market

Scranton, PA metro area

$230K median

Warm Market

34 days

on market

Lancaster, PA metro area

$322K median

Hot Market

16 days

on market

Reading, PA metro area

$296K median

Warm Market

23 days

on market

East Stroudsburg, PA metro area

$323K median

Cold Market

61 days

on market

Erie, PA metro area

$175K median

Cool Market

32 days

on market

Chambersburg, PA metro area

$280K median

Cool Market

43 days

on market

Lebanon, PA metro area

$306K median

Warm Market

29 days

on market

Pottsville, PA metro area

$150K median

Cool Market

39 days

on market

Gettysburg, PA metro area

$329K median

Cool Market

42 days

on market

Altoona, PA metro area

$195K median

Cool Market

31 days

on market

State College, PA metro area

$338K median

Warm Market

40 days

on market

Williamsport, PA metro area

$205K median

Cool Market

51 days

on market

New Castle, PA metro area

$159K median

Cold Market

74 days

on market

Johnstown, PA metro area

$105K median

Cold Market

39 days

on market

Sunbury, PA metro area

$150K median

Cold Market

73 days

on market

Bloomsburg, PA metro area

$235K median

Cool Market

70 days

on market

Meadville, PA metro area

$158K median

Cold Market

65 days

on market

Indiana, PA metro area

$145K median

Cold Market

94 days

on market

Somerset, PA metro area

$168K median

Cool Market

49 days

on market

Lewistown, PA metro area

$215K median

Warm Market

26 days

on market

Sayre, PA metro area

$177K median

Cold Market

55 days

on market

Lock Haven, PA metro area

$193K median

Cold Market

60 days

on market

Lewisburg, PA metro area

$352K median

Cold Market

119 days

on market

Oil City, PA metro area

$170K median

Cold Market

122 days

on market

Selinsgrove, PA metro area

$301K median

Cool Market

47 days

on market

DuBois, PA metro area

$148K median

Cool Market

44 days

on market

Bradford, PA metro area

$148K median

Cold Market

108 days

on market

Warren, PA metro area

$208K median

Cool Market

17 days

on market

St. Marys, PA metro area

$435K median

Cool Market

259 days

on market

Find your next investment in Pennsylvania

Analyze any rental property deal in Pennsylvania — calculate cash flow, Cap Rate, DSCR, and more in under 60 seconds.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.