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PENNSYLVANIA FURNACE, PA 16865

Real Estate Market Report  ·  Centre County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The PENNSYLVANIA FURNACE, PA real estate market (16865) currently shows 5 active listings, with 2 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 75 days on market compared to 88 days last year.

The median listing price has fallen 38.8% year-over-year, from $571,375 to $349,425.

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Market Context

Market Context

Population: 1,405  ·  Density: 23.6/mi²  ·  Median household income: $75,000

Typical home value: $251,028  ·  Homeownership: 78.4%

Market Overview

Active Listings
5
— vs 5 last year
Pending
2
40% pending ratio
Median Price
$349,425
⇩ 38.8% vs $571,375 last year
Average Price
$369,211
⇩ 45.7% vs $679,625 last year
Days on Market
75
⇩ 14.8% vs 88 days last year

Price Per Square Foot

Median $/sqft
$222
⇩ 11.6% vs $251/sqft last year
Median Home Size
1,644 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 75 now vs 88 last year

Median & Average Pricing

Year over Year
  • Median: $349,425 (-38.8% YoY)
  • Average: $369,211 (-45.7% 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 20.1 miles — 180 listings ($77,991,704 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16865Pennsylvania Furnace, PA 168650.0 mi3$1,095,000$365,000$365,000
16669Petersburg, PA 166695.3 mi3$658,350$219,450$219,450
16803State College, PA 168037.1 mi40$18,986,160$444,718$474,654
16683Spruce Creek, PA 166837.3 mi3$454,500$151,500$151,500
16827Boalsburg, PA 1682710.3 mi8$6,257,984$623,450$782,248
16611Alexandria, PA 1661112.9 mi2$1,927,450$963,725$963,725
16652Huntingdon, PA 1665214.1 mi20$6,294,340$252,325$314,717
16866Philipsburg, PA 1686614.8 mi20$6,290,160$188,675$314,508
16828Centre Hall, PA 1682815.5 mi15$7,056,840$327,500$470,456
16823Bellefonte, PA 1682317.6 mi62$28,130,020$429,700$453,710
16849Lanse, PA 1684918.3 mi1$195,000$195,000$195,000
16860Munson, PA 1686019.0 mi1$319,000$319,000$319,000
16874Snow Shoe, PA 1687420.1 mi2$326,900$163,450$163,450

Frequently Asked Questions

How many homes are for sale in PENNSYLVANIA FURNACE, PA 16865?

As of September 2026, there are 5 active listings in PENNSYLVANIA FURNACE, PA (zip code 16865), compared to 5 the prior year.

What is the median home price in PENNSYLVANIA FURNACE, PA 16865?

The median listing price in PENNSYLVANIA FURNACE, PA 16865 is $349,425 as of September 2026, a 38.8% decrease from $571,375 the prior year.

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

Homes in PENNSYLVANIA FURNACE, PA 16865 spend an average of 75 days on the market before going under contract, compared to 88 days the prior year.

Is it a seller's or buyer's market in PENNSYLVANIA FURNACE, PA 16865?

Based on current inventory and days-on-market data as of September 2026, PENNSYLVANIA FURNACE, PA 16865 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 75 days on market compared to 88 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PENNSYLVANIA FURNACE, PA 16865 save an estimated $6,989 compared to a typical 5% commission on the median listing price of $349,425. 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.