Is Latrobe, PA 15650 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Latrobe is a seller’s market. With about 2.2 months of supply and 18% 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.

Competition score38/ 100

More competitive than 37% of U.S. ZIP codes, and #514 of 601 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.2Under 4 months = seller’s market
Sold above original list17.7%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market53Listing to accepted offer
Median price per sq ft$196▲ +28.1% vs. last year

The Latrobe housing market right now

In the three months ending August 31, 2026, 18% of homes in Latrobe, PA 15650 sold above their list price, the typical home went under contract in 53 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 81 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (18% then), homes sold about as fast and the median sale price rose 18% to $229,901. Overall, Latrobe is about as competitive as it was a year ago.

Within Westmoreland County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 56%. On our competition score, Latrobe ranks #514 of 601 PA ZIP codes with enough sales (score 38 out of 100).

Nearby, buyers who want less competition could look at Yukon 15698 (0% sold over asking) or Westmoreland City 15692 (0% sold over asking), while Bolivar 15923 (100% sold over asking) and Ruffs Dale 15679 (67% sold over asking) are even more competitive.

Nearby markets

Acme 15610Seller’s market $102 /sq ftAdamsburg 15611 — /sq ftAlverton 15612 — /sq ftApollo 15613Seller’s market $170 /sq ft Browse all markets →

Where Latrobe is

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Questions about Latrobe real estate

Is Latrobe a buyer’s or seller’s market?

A seller’s market: there were 2.2 months of supply in Latrobe, PA 15650 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 Latrobe?

The typical home went under contract in 53 days in the latest three months.

Do homes in Latrobe sell over asking?

18% 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 Latrobe?

About 1.23% of a home’s value a year in Westmoreland County, or roughly $4,920 on a $400,000 home.

What is the median home price in Latrobe?

The median sale price was $229,901 in the three months ending August 31, 2026, about $196 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