16743 Housing Market Report May 2025McKean County, Pennsylvania

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Housing Prices in 16743, PA

How much do homes in 16743, 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.
$147,400$88/SqFt
+$32,400
+28.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 16743 has increased by 28.2% since last year.

Summary: The median home list price in 16743 was $147,400 in May 2025, up 28.2% from the previous year, and the median price per square foot was $88.

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
16749
+30.8%
16743
+28.2%
16746
+9.0%
16748
-23.2%

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.
BedsMay 2024May 2025Change YoY
1$80K$39.9K
-50.1%
2$107.4K$77.4K
-27.9%
3$139.9K$164.4K
+17.5%
4$115K$172K
+49.6%
5-$239.9K
N/A

Summary: 16743 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -50.1%. The home price for 2 bedroom homes decreased by -27.9%. The home price for 3 bedroom homes increased by +17.5%. The home price for 4 bedroom homes increased by +49.6%. The home price for 5 bedroom homes did not change.

How does 16743, PA compare with other places?

Market comparison tool

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

16743, PA

Housing supply in 16743, PA

How many homes are available in 16743, 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
6Last MonthMay 2025
62 months agoApr 2025
0.0 %
Change MoMApr – May

Summary: The 16743 real estate market had 6 homes for sale in May 2025, the same as Apr 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.
BedsApr 2025May 2025Change MoM
101
+100.0%
231
-66.7%
323
+50.0%
411
0.0%
500
0.0%

Summary: 16743 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -66.7%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 16743, PA

How long does it take to sell a home in 16743, PA?

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
174 DaysThis YearMay 2025
137 Days1 year agoMay 2024
+26.8 %
Change YoYMay 2024 – May 2025

Summary: Homes in 16743 had an average listing age of 174 days in May 2025, up by 26.8% compared to the previous year.

Newest Listings in 16743, PA

What homes are available in 16743, PA?

Nearby markets

Nearby markets aren't available for 16743, PA

MLS Disclaimers and Copyright

Based on information from Northern Mountains of Pennsylvania MLS, West Penn Multi-List Inc., and New York State Alliance of MLS for the period 06/01/2023 - 06/01/2025

IDX Information is provided by Northern Mountains of Pennsylvania MLS. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Northern Mountains of Pennsylvania MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 6:45:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 6:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/4/2025, 6:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.