Is Connoquenessing, PA 16027 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Connoquenessing 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 Connoquenessing housing market right now

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

About the area

Butler County, PA

Population	423
Median income	$84,531
Average income	$112,814
Median home value	$244,600
Median rent	$1,298/month
Owner-occupied	73% of homes
Median year built	1944

Natural hazard riskWinter storms (moderate)

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 16027; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 16027

Prefilled for 16027Can I win this house?Multiple-offer likelihood for a listing Prefilled for 16027Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Boyers 16020 — /sq ft Butler 16001Seller’s market $156 /sq ft Butler 16002Seller’s market $188 /sq ft Cabot 16023Buyer’s market $263 /sq ft Browse all markets →

Where Connoquenessing is

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Questions about Connoquenessing real estate

What are property taxes in Connoquenessing?

About 1.01% of a home’s value a year in Butler County, or roughly $4,040 on a $400,000 home.

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More tools for 16027

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 Butler County property taxes Butler 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