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16749 Housing Market Report June 2025•McKean County, Pennsylvania

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Housing Prices in 16749, PA

How much do homes in 16749, PA cost?

Housing Market Conditions

Is 16749, PA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

16749 is a Buyer's Market

Difference Since May 2025

Last month, 16749 was a Seller's Market.

Insight

16749 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$180,000$103/SqFt
-$279,000
-60.8%

Based on all homes sold in June 2025

Insight

Homes in 16749 have sold for 60.8% less than they did a month ago.

Summary: The median home sold price in 16749 was $180,000 in June 2025, down 60.8% from last month, and the median price per square foot was $103.

Median Sold Price By Bedrooms

Median Sold 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 2025Jun 2025Change MoM
1--
N/A
2--
N/A
3--
N/A
4$459K-
N/A
5$80K$180K
+125.0%

Summary: 16749 housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +125.0%.

How does 16749, PA compare with other places?

Market comparison tool

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

16749, PA

Housing supply in 16749, PA

How many homes are available in 16749, 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
10Last MonthJun 2025
122 months agoMay 2025
-16.7 %
Change MoMMay – Jun

Summary: The 16749 real estate market had 10 homes for sale in Jun 2025, a 16.7 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthJun 2025
32 months agoMay 2025
-66.7 %
Change MoMMay – Jun

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.
BedsMay 2025Jun 2025Change MoM
100
0.0%
211
0.0%
364
-33.3%
433
0.0%
522
0.0%

Summary: 16749 housing inventory by bedroom type for June 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 decreased by -33.3%. 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 16749, 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 16749, 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 16749 in June 2025, down by 66.7% 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 16749, PA

How long does it take to sell a home in 16749, PA?

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
0 DaysLast MonthJun 2025
91 Days1 month agoMay 2025
0.0 %
Change MoMMay – Jun

Summary: Homes in 16749 had an average listing age of 0 days in Jun 2025, down by .0% compared to the previous month.

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Newest Listings in 16749, PA

What homes are available in 16749, PA?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from New York State Alliance of MLS, Northern Mountains of Pennsylvania MLS, and Pocono Mountains Association of Realtors MLS for the period 05/01/2025 - 07/01/2025

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: 7/16/2025, 9:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 7/16/2025, 9:45:39 AM 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 for sale on this web site includes listings held by MLS IDX Participants of the Internet Data Exchange Program of the Multiple Listing Service of the Pocono Mountain Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed of implied.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 9:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.