Is Cabot, PA 16023 a buyer’s or seller’s market?

The Cabot housing market right now

In the three months ending August 31, 2026, 20% of homes in Cabot, PA 16023 sold above their list price, the typical home went under contract in 138 days and there were 7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (101 days then) and the median sale price fell 7% to $324,759. Overall, Cabot is less competitive than a year ago, which gives buyers more room.

Within Butler County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 57%.

Nearby, buyers who want less competition could look at West Sunbury 16061 (0% sold over asking) or Prospect 16052 (0% sold over asking), while Hilliards 16040 (75% sold over asking) and Karns City 16041 (60% sold over asking) are even more competitive.