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ELDRED, PA 16731

Real Estate Market Report  ·  McKean County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
11
⇩ 21.4% vs 14 last year
Pending
5
45% pending ratio
Median Price
$180,000
⇧ 2.2% vs $176,150 last year
Average Price
$243,071
⇧ 21.6% vs $199,833 last year
Days on Market
87
⇩ 37% vs 138 days last year

Market Context

Population: 2,364  ·  Density: 15.5/mi²  ·  Median household income: $57,594

Typical home value: $97,451  ·  Homeownership: 80.7%

Market Analysis

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

The ELDRED, PA real estate market (16731) currently shows 11 active listings, with 5 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 87 days on market compared to 138 days last year.

The median listing price has risen 2.2% year-over-year, from $176,150 to $180,000.

Whether you are buying or selling in ELDRED, 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: 11 this year vs 14 last year
  • Days on market: 87 now vs 138 last year

Median & Average Pricing

Year over Year
  • Median: $180,000 (+2.2% YoY)
  • Average: $243,071 (+21.6% 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 20.8 miles — 98 listings ($17,057,851 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16731Eldred, PA 167310.0 mi11$2,673,781$180,000$243,071
16729Duke Center, PA 167295.7 mi0$0$85,000$85,000
14721Ceres, NY 147217.2 mi1$147,900$147,900$147,900
14788Westons Mills, NY 147887.9 mi1$112,900$112,900$112,900
14754Little Genesee, NY 1475410.4 mi6$1,170,000$195,000$195,000
16748Shinglehouse, PA 1674811.7 mi6$618,888$94,900$103,148
16749Smethport, PA 1674913.4 mi12$2,180,832$134,500$181,736
14786West Clarksville, NY 1478614.3 mi1$179,900$179,900$179,900
16726Cyclone, PA 1672614.5 mi3$485,850$161,950$161,950
16746Roulette, PA 1674616.1 mi2$550,000$275,000$275,000
14727Cuba, NY 1472718.8 mi15$2,690,400$127,900$179,360
16740Mount Jewett, PA 1674019.8 mi4$608,000$152,000$152,000
16701Bradford, PA 1670120.8 mi36$5,639,400$129,950$156,650

Frequently Asked Questions

How many homes are for sale in ELDRED, PA 16731?

As of January 2026, there are 11 active listings in ELDRED, PA (zip code 16731), compared to 14 the prior year.

What is the median home price in ELDRED, PA 16731?

The median listing price in ELDRED, PA 16731 is $180,000 as of January 2026, a 2.2% increase from $176,150 the prior year.

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

Homes in ELDRED, PA 16731 spend an average of 87 days on the market before going under contract, compared to 138 days the prior year.

Is it a seller's or buyer's market in ELDRED, PA 16731?

Based on current inventory and days-on-market data as of January 2026, ELDRED, PA 16731 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 87 days on market compared to 138 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELDRED, PA 16731 save an estimated $3,600 compared to a typical 5% commission on the median listing price of $180,000. 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.