Meadville Housing Market Report May 2025•Crawford County, Pennsylvania

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Housing Prices in Meadville, PA

How much do homes in Meadville, PA cost?

Housing Market Conditions

Is Meadville, 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

Meadville is a Seller's Market

Difference Since May 2024

Since last year, Meadville has remained a Seller's Market.

Insight

Meadville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$159,000$112/SqFt
+$9,000
+6.0%

Based on all homes sold in the last 12 months

Insight

Homes in Meadville have sold for 6% more than they did a year ago.

Summary: The median home sold price in Meadville was $159,000 in May 2025, up 6% from last year, and the median price per square foot was $112.

Median Sold Price By Cities

Median Sold Price By Cities
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
West Mead Township
+8.1%
Meadville
+6.0%

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 2024May 2025Change YoY
1$30K$120.9K
+302.2%
2$118.1K$141.7K
+19.9%
3$150K$159K
+6.0%
4$233.5K$180K
-22.9%
5$141K$165K
+17.0%

Summary: Meadville housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +302.2%. The home price for 2 bedroom homes increased by +19.9%. The home price for 3 bedroom homes increased by +6.0%. The home price for 4 bedroom homes decreased by -22.9%. The home price for 5 bedroom homes increased by +17.0%.

How does Meadville, PA compare with other places?

Market comparison tool

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

Meadville, PA

Housing supply in Meadville, PA

How many homes are available in Meadville, 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
71Last MonthMay 2025
742 months agoApr 2025
-4.1 %
Change MoMApr – May

Summary: The Meadville real estate market had 71 homes for sale in May 2025, a 4.1 % decrease compared to Apr 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
22Last MonthMay 2025
172 months agoApr 2025
+29.4 %
Change MoMApr – May

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
121
-50.0%
21412
-14.3%
33733
-10.8%
41516
+6.7%
569
+50.0%

Summary: Meadville housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -14.3%. The inventory for 3 bedroom homes decreased by -10.8%. The inventory for 4 bedroom homes increased by +6.7%. The inventory for 5 bedroom homes increased by +50.0%.

Asking Price vs. Sold Price

How much do homes in Meadville, 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 Price6 Homes

At Asking Price4 Homes

Under Asking Price12 Homes

Insight

If you're buying a home in Meadville, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Meadville in May 2025, up by 29.4% month-over-month. Of the 22 sold homes, 55% were sold under asking, 18% were sold at asking, and and 27% were sold over asking.

Days on Market for Meadville, PA

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

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days11 Homes

Over 90 Days1 Home

Insight

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

Summary: During May 2025, 22 homes were sold in Meadville; 41% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
39 DaysThis YearMay 2025
61 Days1 year agoMay 2024
-36.5 %
Change YoYMay 2024 – May 2025

Summary: Homes in Meadville had an average listing age of 39 days in May 2025, down by 36.5% compared to the previous year.

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Newest Listings in Meadville, PA

What homes are available in Meadville, PA?

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Nearby markets aren't available for Meadville, PA

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MLS Disclaimers and Copyright

Based on information from Erie MLS, and West Penn Multi-List Inc. for the period 06/01/2023 - 06/01/2025

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: 6/27/2025, 11:45:39 AM 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: 6/27/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.