Is Melcroft, PA 15462 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Melcroft is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Melcroft housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Fayette County, PA

Population	80
Owner-occupied	100% of homes

Natural hazard riskTornadoes (moderate), winter storms (moderate), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 15462; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 15462

Prefilled for 15462Can I win this house?Multiple-offer likelihood for a listing Prefilled for 15462Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Adah 15410Buyer’s market $32 /sq ft Allison 15413Seller’s market — /sq ft Cardale 15420 — /sq ft Chalk Hill 15421Seller’s market $234 /sq ft Browse all markets →

Where Melcroft is

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Questions about Melcroft real estate

What are property taxes in Melcroft?

About 1.12% of a home’s value a year in Fayette County, or roughly $4,480 on a $400,000 home.

Local agents

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More tools for 15462

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Fayette County property taxes Fayette County loan limits Closing costs in Pennsylvania Hottest ZIP codes in Pennsylvania

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology