16406 Housing Market Report February 2025•Crawford County, Pennsylvania

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Housing Prices in 16406, PA

How much do homes in 16406, PA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$234,950$136/SqFt
+$64,950
+38.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 16406 has increased by 38.2% since last year.

Summary: The median home list price in 16406 was $234,950 in February 2025, up 38.2% from the previous year, and the median price per square foot was $136.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
16424
+52.7%
16406
+38.2%
16433
+14.8%
16335
+6.4%
16435
-13.1%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$262.5K$225K
-14.3%
3$182K$224.9K
+23.6%
4$104.5K$290K
+177.5%
5-$290K
N/A

Summary: 16406 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -14.3%. The home price for 3 bedroom homes increased by +23.6%. The home price for 4 bedroom homes increased by +177.5%. The home price for 5 bedroom homes did not change.

How does 16406, PA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

16406, PA

Housing supply in 16406, PA

How many homes are available in 16406, PA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
5Last MonthFeb 2025
52 months agoJan 2025
0.0 %
Change MoMJan – Feb

Summary: The 16406 real estate market had 5 homes for sale in Feb 2025, the same as Jan 2025

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
222
0.0%
311
0.0%
411
0.0%
511
0.0%

Summary: 16406 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 16406, PA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in 16406, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 16406 in February 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for 16406, PA

How long does it take to sell a home in 16406, PA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in 16406 has remained consistent over time.

Summary: During February 2025, 1 homes were sold in 16406; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
115 DaysThis YearFeb 2025
91 Days1 year agoFeb 2024
+27.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 16406 had an average listing age of 115 days in Feb 2025, up by 27.0% compared to the previous year.

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Newest Listings in 16406, PA

What homes are available in 16406, PA?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Erie MLS, for the period 03/01/2023 - 03/01/2025

Copyright © 2025 Greater Erie Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 8:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.