89 homes sold in Penn Estates in the last year, at a typical $342K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Penn Estates homes are listed.
Every place Penn Estates homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Penn Estates.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Penn Estates’ sales, at a typical $342K
89 homes sold in the year to May 2026.
typical sale · 89 sold in 12 months
- Per square foot
- $184PA $183
- Days to sell
- 43
- Sold over asking
- 33%
- Listings with a price cut
- 37%
About as many homes sell as usual, at 4.1 times the 2016 price
89 sales in the last year, against 143 in 2016 and a low of 47 in 2012. The typical sale went from $84K in 2016 to $342K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Penn Estates
Check a listing against what Penn Estates homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Penn Estates are more common than before the pandemic, but 54% fewer homes come up for sale
We read every month of Penn Estates’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 89 sales.
If you’re buying in Penn Estates
- Shop in May. It brings about 16 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
- You can negotiate. 37% of listings have cut their price, against 2% before the pandemic.
- Bid near asking. Buyers paid 99.1% of the list price on average; 33% paid over.
- You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 43 days.
Spring brings the homes; winter brings the bidding wars
May has the most new listings (about 16 a month), but December is the most competitive: 38% of December sales close over asking. February has the least competition (23%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Pennsylvania as a whole
| Penn Estates now | 2017–19 | 2021 peak | PA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 33% | 20% | 58% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 30% | 1% | 1% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 37% | 2% | — | 26% |
| Price paid vs. askingAverage sale price ÷ list price | 99.1% | 97% | 103.6% | 98.9% |
| Days to sellMedian days from listing to contract | 43 | 111 | 64 | 37 |
20 homes for sale on a typical day
That’s 54% fewer than in 2017–19 and well under 2015’s 74.
1 in 3 listings has cut its price
37% in the last year, against 2% in 2017–19 and 26% across Pennsylvania. More sellers are pricing high and coming down.
Penn Estates ranks 143rd of 261 busy Pennsylvania markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Penn Estates is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Penn Estates home costs about $2,240 a month
Price: Penn Estates’ typical sale, last 12 months. Property tax at Penn Estates’ 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Penn Estates is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 6.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $342K home, about $5,460 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Penn Estates.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Arlington Heights, Stroudsburg, Mount Pocono and Sierra View sell for less a square foot
The busier markets within 25 miles of Penn Estates, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Penn Estates | 89 | $342K | $184 | 33% | 43 |
| Emerald Lakes | 78 | $366K | $187 | 19% | 60 |
| East Stroudsburg | 64 | $269K | $189 | 28% | 29 |
| Sierra View | 61 | $320K | $166 | 30% | 39 |
| Stroudsburg | 46 | $275K | $162 | 22% | 61 |
| Mount Pocono | 45 | $265K | $154 | 36% | 36 |
| Arlington Heights | 38 | $351K | $176 | 29% | 27 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Penn Estates, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Penn Estates. People who follow the town see it, and so do people comparing Penn Estates with their own town. No commission, no listing fee.
Questions about buying a home in Penn Estates
What do homes sell for in Penn Estates, PA?
89 homes sold in the year to May 2026 at a typical $342K, $184 a square foot.
Is Penn Estates a buyer’s or seller’s market?
A seller’s market: 18 homes were for sale in May 2026 and 6 sold, about 3 months of supply. Buyers paid 99.1% of asking on average, and 37% of listings cut their price.
When is the best time to buy in Penn Estates?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Penn Estates?
About 1.6% of a home’s value a year. On a $342K home that’s near $5,460.
Where can I see homes for sale in Penn Estates?
Zillow, Redfin, Realtor.com and Homes.com all carry Penn Estates’ MLS listings; the search links above open each one filtered to Penn Estates.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).