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Housing in Penn Forest Township

141 homes sold in Penn Forest Township in the last year, at a typical $309K

Redfin reports Penn Forest Township’s sales by ZIP code, so these figures are for ZIP 18229, which takes in Penn Forest Township and the area around it. 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 Forest Township homes are listed.

Homes for sale in Penn Forest TownshipZillowRealtor.comMore places to look ↓
Homes sold
141
ZIP 18229 · June 2025 to May 2026
Typical sale price
$309K
median, weighted by sales
Price per square foot
$180
Pennsylvania $185
Paid vs. asking
96.3%
21% sold over asking
For sale now
27
May 2026 · 12 sold that month
What sold · last 12 months · ZIP 18229

Houses are 85% of Penn Forest Township’s sales, at a typical $317K

141 homes sold in the year to May 2026.

Houses$317K

typical sale · 119 sold in 12 months

Per square foot
$189PA $183
Days to sell
40
Sold over asking
22%
14 years of sales

About as many homes sell as usual, at 2.5 times the 2016 price

141 sales in the last year, against 185 in 2017 and a low of 66 in 2012. The typical sale went from $124K in 2016 to $309K.

Homes soldTypical sale price
050100150200$175K$250K$325K$400K2012: 66 sold, typical $115K’122013: 86 sold, typical $119K2014: 105 sold, typical $130K’142015: 106 sold, typical $122K2016: 134 sold, typical $124K’162017: 185 sold, typical $124K2018: 160 sold, typical $137K’182019: 154 sold, typical $149K2020: 174 sold, typical $173K’202021: 170 sold, typical $202K2022: 140 sold, typical $250K’222023: 112 sold, typical $267K2024: 137 sold, typical $291K’242025: 122 sold, typical $304KLast 12 months: 141 sold, typical $309KNow

Source: Redfin Data Center, MLS sales; for ZIP 18229, which takes in Penn Forest Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Penn Forest Township

Houseat $189 a sq ft
The same money in Pennsylvaniaat $183 a sq ft

Is this asking price fair?

Check a listing against what Penn Forest Township 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.

What the sales history says · 14 years of sales

Bidding wars in Penn Forest Township are more common than before the pandemic, but 56% fewer homes come up for sale

We read every month of home sales in ZIP 18229 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, 141 sales.

If you’re buying in Penn Forest Township

  • Shop in September. It brings about 15 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • Offer under asking. Buyers paid 96.3% of the list price on average; 21% paid over.
  • You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 42 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 16 a month), but June is the most competitive: 24% of June sales close over asking. August and September offer nearly as much choice with fewer homes bid up (20%). April has the least competition (15%).

New listings a monthShare sold over asking
0510152013%27%40%Sweet spotJan: 9 new listings a month, 17% sold over asking, 122 days to sellJFeb: 8 new listings a month, 15% sold over asking, 135 days to sellFMar: 10 new listings a month, 16% sold over asking, 142 days to sellMApr: 12 new listings a month, 15% sold over asking, 154 days to sellAMay: 15 new listings a month, 19% sold over asking, 148 days to sellMJun: 16 new listings a month, 24% sold over asking, 174 days to sellJJul: 16 new listings a month, 24% sold over asking, 134 days to sellJAug: 15 new listings a month, 20% sold over asking, 127 days to sellASep: 15 new listings a month, 17% sold over asking, 109 days to sellSOct: 14 new listings a month, 20% sold over asking, 101 days to sellONov: 13 new listings a month, 21% sold over asking, 98 days to sellNDec: 10 new listings a month, 20% sold over asking, 101 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Pennsylvania

Penn Forest Township now2017–192021 peakPA now
Sold over askingShare of sales that closed above the list price21%14%32%33%
Gone within two weeksShare of homes under contract within 14 days29%1%0%46%
Listings with a price cutShare of homes for sale that cut their price———26%
Price paid vs. askingAverage sale price ÷ list price96.3%94.4%98.4%98.9%
Days to sellMedian days from listing to contract421647937
Supply

35 homes for sale on a typical day

That’s 1.5 times the 2023 low (23), 56% fewer than in 2017–19 and well under 2014’s 97.

2012: 57 for sale’122013: 87 for sale2014: 97 for sale2015: 76 for sale’152016: 92 for sale2017: 83 for sale2018: 79 for sale’182019: 74 for sale2020: 53 for sale2021: 40 for sale’212022: 31 for sale2023: 23 for sale2024: 33 for sale’242025: 38 for saleLast 12 months: 35 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 18229, which takes in Penn Forest Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Penn Forest Township home costs about $1,933 a month

Mortgage
Property tax
Insurance
Rent

Price: Penn Forest Township’s typical sale, last 12 months. Property tax at Penn Forest Township’s 1.3% (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 Forest Township is affordable on local pay is on Cost of living.

Before you buy in Penn Forest Township

Six things worth knowing

16

New listings in July

The month with the most choice. February has the fewest, about 8.

Best time to buy
1.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $309K home, about $3,850 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Penn Forest Township, from test results, graduation and how much students grow.

Schools in Penn Forest Township
42 min

Typical commute

The average one-way trip to work for people who live in Penn Forest Township.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Sun Valley, Effort, Lehighton and Weatherly sell for less a square foot

The busier markets within 25 miles of Penn Forest Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Towamensing Trails180$369K$21916%55
Penn Forest Township (ZIP 18229)141$309K$18021%42
Indian Mountain Lake122$294K$18119%52
Lehighton67$226K$12839%29
Sun Valley26$287K$16119%61
Effort25$357K$17152%50
Weatherly24$174K$10713%164

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.

Selling, or renting out?

Post your home to Penn Forest Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Penn Forest Township. People who follow the town see it, and so do people comparing Penn Forest Township with their own town. No commission, no listing fee.

Questions about buying a home in Penn Forest Township

What do homes sell for in Penn Forest Township, PA?

141 homes sold in the year to May 2026 at a typical $309K, $180 a square foot.

Is Penn Forest Township a buyer’s or seller’s market?

A seller’s market: 27 homes were for sale in May 2026 and 12 sold, about 2.2 months of supply. Buyers paid 96.3% of asking on average.

When is the best time to buy in Penn Forest Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Penn Forest Township?

About 1.3% of a home’s value a year. On a $309K home that’s near $3,850.

Where can I see homes for sale in Penn Forest Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Penn Forest Township’s MLS listings; the search links above open each one filtered to Penn Forest Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 18229, which takes in Penn Forest Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).