Is Falls Creek, PA 15840 a buyer’s or seller’s market?
Falls Creek 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.
The Falls Creek housing market right now
In the three months ending August 31, 2026, 0% of homes in Falls Creek, PA 15840 sold above their list price and the typical home went under contract in 47 days. With only 1 sale, these figures can swing a lot from month to month.
The median sale price was $139,839, or about $123 per square foot.
Within Jefferson County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Punxsutawney 15767 (17% sold over asking) is even more competitive.
Run the numbers for 15840
Nearby markets
Big Run 15715 $43 /sq ftBrockway 15824 $144 /sq ftBrookville 15825Buyer’s market $204 /sq ftCorsica 15829Buyer’s market $123 /sq ft Browse all markets →Towns like Falls Creek nearby
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Questions about Falls Creek real estate
How fast do homes sell in Falls Creek?
The typical home went under contract in 47 days in the latest three months.
Do homes in Falls Creek sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Falls Creek?
About 1.00% of a home’s value a year in Jefferson County, or roughly $4,000 on a $400,000 home.
What is the median home price in Falls Creek?
The median sale price was $139,839 in the three months ending August 31, 2026, about $123 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