Is Masontown, PA 15461 a buyer’s or seller’s market?
Masontown is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Masontown housing market right now
In the three months ending August 31, 2026, 14% of homes in Masontown, PA 15461 sold above their list price, the typical home went under contract in 44 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (66 days then) and the median sale price rose 44% to $176,923. Overall, Masontown is more competitive than a year ago, so tougher for buyers.
Within Fayette County, homes here sell faster than in 68% of the county’s ZIP codes, and sell more often over asking than in 65%.
Nearby, buyers who want less competition could look at Everson 15631 (0% sold over asking) or Vanderbilt 15486 (0% sold over asking), while Hiller 15444 (100% sold over asking) and East Millsboro 15433 (50% sold over asking) are even more competitive.
Run the numbers for 15461
Nearby markets
Adah 15410Buyer’s market $32 /sq ftAllison 15413Seller’s market — /sq ftCardale 15420 — /sq ftChalk Hill 15421Seller’s market $234 /sq ft Browse all markets →Towns like Masontown nearby
Find towns like Masontown in other states →Where Masontown is
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Questions about Masontown real estate
Is Masontown a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Masontown, PA 15461 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Masontown?
The typical home went under contract in 44 days in the latest three months.
Do homes in Masontown sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in Masontown?
About 1.12% of a home’s value a year in Fayette County, or roughly $4,480 on a $400,000 home.
What is the median home price in Masontown?
The median sale price was $176,923 in the three months ending August 31, 2026, about $112 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology