Is Penn Run, PA 15765 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Penn Run 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 Penn Run housing market right now

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

About the area

Indiana County, PA

Population	1,469
Median income	$73,646
Average income	$82,281
Median home value	$186,000
Median rent	$698/month
Owner-occupied	87% of homes
Median year built	1974

Natural hazard riskLow for the hazards we track

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 15765; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 15765

Prefilled for 15765Can I win this house?Multiple-offer likelihood for a listing Prefilled for 15765Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Armagh 15920 $29 /sq ft Aultman 15713 — /sq ft Beyer 16211 $130 /sq ft Blairsville 15717Seller’s market $100 /sq ft Browse all markets →

Towns like Penn Run nearby

Find towns like Penn Run in other states →

Worthington, PA16262 · 36 miles away95% similarlarger Ashville, PA16613 · 25 miles away93% similarcheaper homes ($27K less) Osterburg, PA16667 · 40 miles away90% similarmore apartments and townhomes Rural Valley, PA16249 · 20 miles away89% similarVery close on income, prices and more

Where Penn Run is

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Questions about Penn Run real estate

What are property taxes in Penn Run?

About 1.50% of a home’s value a year in Indiana County, or roughly $6,000 on a $400,000 home.

Local agents

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More tools for 15765

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 Indiana County property taxes Indiana 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