Is Boswell, PA 15531 a buyer’s or seller’s market?
Boswell is a seller’s market. With about 2 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Boswell housing market right now
In the three months ending August 31, 2026, 50% of homes in Boswell, PA 15531 sold above their list price, the typical home went under contract in 44 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 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 43%, homes sold faster (55 days then) and the median sale price rose 12% to $225,402. Overall, Boswell is more competitive than a year ago, so tougher for buyers.
Within Somerset County, homes here sell faster than in 65% of the county’s ZIP codes, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Hooversville 15936 (0% sold over asking) or Springs 15562 (0% sold over asking), while Cairnbrook 15924 (100% sold over asking) is even more competitive.
Run the numbers for 15531
Nearby markets
Addison 15411Buyer’s market $245 /sq ftBerlin 15530Balanced $122 /sq ftCairnbrook 15924Seller’s market $97 /sq ftCentral City 15926Seller’s market $130 /sq ft Browse all markets →Towns like Boswell nearby
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Questions about Boswell real estate
Is Boswell a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in Boswell, PA 15531 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 Boswell?
The typical home went under contract in 44 days in the latest three months.
Do homes in Boswell sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.
What are property taxes in Boswell?
About 0.98% of a home’s value a year in Somerset County, or roughly $3,920 on a $400,000 home.
What is the median home price in Boswell?
The median sale price was $225,402 in the three months ending August 31, 2026, about $128 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