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Is Garrett, PA 15542 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Garrett 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 list0%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market97Listing to accepted offer
Median price per sq ft$117▲ +197.8% vs. last year

The Garrett housing market right now

In the three months ending August 31, 2026, 0% of homes in Garrett, PA 15542 sold above their list price and the typical home went under contract in 97 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (15 days then) and the median sale price rose 103% to $114,950. Overall, Garrett is less competitive than a year ago, which gives buyers more room.

Within Somerset County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Cairnbrook 15924 (100% sold over asking) and Boswell 15531 (50% sold over asking) are even more competitive.

Run the numbers for 15542

Prefilled for 15542Can I win this house?Multiple-offer likelihood for a listing Prefilled for 15542Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Addison 15411Buyer’s market $245 /sq ftBerlin 15530Balanced $122 /sq ftBoswell 15531Seller’s market $128 /sq ftCairnbrook 15924Seller’s market $97 /sq ft Browse all markets →

Towns like Garrett nearby

Find towns like Garrett in other states →
Barton, MD21521 · 23 miles away87% similarolder residents Sidman, PA15955 · 36 miles away85% similarlarger · older residents Mount Savage, MD21545 · 15 miles away84% similarlarger · more renters Stoystown, PA15563 · 17 miles away83% similarpricier homes ($34K more) · larger

Where Garrett is

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Questions about Garrett real estate

How fast do homes sell in Garrett?

The typical home went under contract in 97 days in the latest three months.

Do homes in Garrett sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.

What are property taxes in Garrett?

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 Garrett?

The median sale price was $114,950 in the three months ending August 31, 2026, about $117 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