Is Mineral Point, PA 15942 a buyer’s or seller’s market?
Mineral Point is a seller’s market. With about 1.6 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 Mineral Point housing market right now
In the three months ending August 31, 2026, 50% of homes in Mineral Point, PA 15942 sold above their list price, the typical home went under contract in 12 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, 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 (50% then), homes sold more slowly (6 days then) and the median sale price fell 35% to $192,917. Overall, Mineral Point is about as competitive as it was a year ago.
Within Cambria County, homes here sell faster than in 77% of the county’s ZIP codes, and sell more often over asking than in 77%.
Nearby, buyers who want less competition could look at Fallentimber 16639 (0% sold over asking) or Blandburg 16619 (0% sold over asking), while Saint Michael 15951 (100% sold over asking) and Carrolltown 15722 (80% sold over asking) are even more competitive.
Run the numbers for 15942
Nearby markets
Ashville 16613 $219 /sq ftBeaverdale 15921Buyer’s market $24 /sq ftBelsano 15922 — /sq ftBlandburg 16619Buyer’s market — /sq ft Browse all markets →Towns like Mineral Point nearby
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Questions about Mineral Point real estate
Is Mineral Point a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Mineral Point, PA 15942 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 Mineral Point?
The typical home went under contract in 12 days in the latest three months.
Do homes in Mineral Point sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 109.5% of the list price.
What are property taxes in Mineral Point?
About 1.23% of a home’s value a year in Cambria County, or roughly $4,920 on a $400,000 home.
What is the median home price in Mineral Point?
The median sale price was $192,917 in the three months ending August 31, 2026, about $88 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