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ELDRED, PA 16731

Real Estate Market Report  ·  McKean County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The ELDRED, PA real estate market (16731) currently shows 11 active listings, with 4 pending sales. Homes are averaging 97 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 97 days on market compared to 240 days last year.

The median listing price has risen 4.6% year-over-year, from $238,925 to $250,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
11
⇧ 37.5% vs 8 last year
Pending
4
36% pending ratio
Median Price
$250,000
⇧ 4.6% vs $238,925 last year
Average Price
$217,657
⇩ 9% vs $239,108 last year
Days on Market
97
⇩ 59.6% vs 240 days last year

Price Per Square Foot

Median $/sqft
$108
⇧ 12.5% vs $96/sqft last year
Median Home Size
1,824 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 8 last year
  • Days on market: 97 now vs 240 last year

Median & Average Pricing

Year over Year
  • Median: $250,000 (+4.6% YoY)
  • Average: $217,657 (-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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.3 miles — 70 listings ($12,217,466 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16731Eldred, PA 167310.0 mi9$1,990,953$180,000$221,217
16729Duke Center, PA 167295.7 mi1$75,000$75,000$75,000
14770Portville, NY 147707.9 mi7$853,881$128,650$121,983
14754Little Genesee, NY 1475410.4 mi5$975,000$195,000$195,000
16748Shinglehouse, PA 1674811.7 mi7$694,085$94,900$99,155
16749Smethport, PA 1674913.4 mi12$2,118,264$125,000$176,522
14786West Clarksville, NY 1478614.3 mi1$179,900$179,900$179,900
16726Cyclone, PA 1672614.5 mi2$318,900$159,450$159,450
16746Roulette, PA 1674616.1 mi2$470,000$235,000$235,000
14727Cuba, NY 1472718.8 mi11$2,200,781$199,900$200,071
16740Mount Jewett, PA 1674019.8 mi4$587,700$152,000$146,925
14739Friendship, NY 1473920.5 mi3$667,200$222,400$222,400
16738Lewis Run, PA 1673821.3 mi6$1,085,802$207,000$180,967

Frequently Asked Questions

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

As of April 2026, there are 11 active listings in ELDRED, PA (zip code 16731), compared to 8 the prior year.

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

The median listing price in ELDRED, PA 16731 is $250,000 as of April 2026, a 4.6% increase from $238,925 the prior year.

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

Homes in ELDRED, PA 16731 spend an average of 97 days on the market before going under contract, compared to 240 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 April 2026, ELDRED, PA 16731 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 97 days on market compared to 240 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 $5,000 compared to a typical 5% commission on the median listing price of $250,000. 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.