Is New Florence, PA 15944 a buyer’s or seller’s market?

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

New Florence is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list104.3%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$87▼ −54.4% vs. last year

The New Florence housing market right now

In the three months ending August 31, 2026, 50% of homes in New Florence, PA 15944 sold above their list price, the typical home went under contract in 49 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold more slowly (42 days then) and the median sale price fell 50% to $151,435. Overall, New Florence is more competitive than a year ago, so tougher for buyers.

Within Westmoreland County, homes here sell more slowly than in 51% of the county’s ZIP codes, and sell more often over asking than in 87%.

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 New Florence is

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Questions about New Florence real estate

Is New Florence a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in New Florence, PA 15944 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 New Florence?

The typical home went under contract in 49 days in the latest three months.

Do homes in New Florence sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 104.3% of the list price.

What are property taxes in New Florence?

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 New Florence?

The median sale price was $151,435 in the three months ending August 31, 2026, about $87 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