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SANDY LAKE, PA 16145

Real Estate Market Report  ·  Mercer County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
3
100% pending ratio
Median Price
$245,000
⇩ 10.9% vs $274,950 last year
Average Price
$245,000
⇩ 10.9% vs $274,950 last year
Days on Market
353
⇧ 98.3% vs 178 days last year

Market Context

Population: 2,693  ·  Density: 22.2/mi²  ·  Median household income: $59,866

Typical home value: $155,401  ·  Homeownership: 83.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SANDY LAKE, PA real estate market (16145) currently shows 3 active listings, with 3 pending sales. Homes are averaging 353 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 353 days on market compared to 178 days last year.

The median listing price has fallen 10.9% year-over-year, from $274,950 to $245,000.

Whether you are buying or selling in SANDY LAKE, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 353 now vs 178 last year

Median & Average Pricing

Year over Year
  • Median: $245,000 (-10.9% YoY)
  • Average: $245,000 (-10.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.0 miles — 164 listings ($44,127,090 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16145Sandy Lake, PA 161450.0 mi3$735,000$245,000$245,000
16311Carlton, PA 163115.3 mi1$334,500$334,500$334,500
16362Utica, PA 163627.3 mi6$8,914,998$275,000$1,485,833
16130Hadley, PA 161308.4 mi6$1,749,240$319,000$291,540
16314Cochranton, PA 163149.2 mi8$1,726,600$182,500$215,825
16323Franklin, PA 1632312.8 mi44$9,617,344$149,900$218,576
16111Atlantic, PA 1611114.3 mi1$450,000$450,000$450,000
16317Cooperstown, PA 1631715.3 mi4$481,700$123,450$120,425
16374Kennerdell, PA 1637416.2 mi10$3,727,500$482,000$372,750
16335Meadville, PA 1633517.5 mi54$11,881,350$199,900$220,025
16154Transfer, PA 1615418.5 mi5$1,343,900$260,000$268,780
16150Sharpsville, PA 1615020.4 mi18$2,671,758$129,000$148,431
16344Rouseville, PA 1634421.0 mi4$493,200$125,000$123,300

Frequently Asked Questions

How many homes are for sale in SANDY LAKE, PA 16145?

As of January 2026, there are 3 active listings in SANDY LAKE, PA (zip code 16145), compared to 4 the prior year.

What is the median home price in SANDY LAKE, PA 16145?

The median listing price in SANDY LAKE, PA 16145 is $245,000 as of January 2026, a 10.9% decrease from $274,950 the prior year.

How long do homes stay on the market in SANDY LAKE, PA?

Homes in SANDY LAKE, PA 16145 spend an average of 353 days on the market before going under contract, compared to 178 days the prior year.

Is it a seller's or buyer's market in SANDY LAKE, PA 16145?

Based on current inventory and days-on-market data as of January 2026, SANDY LAKE, PA 16145 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 353 days on market compared to 178 days last year.

How much can I save on real estate commission in SANDY LAKE, PA?

With SELL123.com's maximum 3% commission, sellers in SANDY LAKE, PA 16145 save an estimated $4,900 compared to a typical 5% commission on the median listing price of $245,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.