Is Knox, PA 16232 a buyer’s or seller’s market?

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

Knox is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list94%Sold price ÷ list price
Median days on market140Listing to accepted offer
Median price per sq ft$172▲ +127.2% vs. last year

The Knox housing market right now

In the three months ending August 31, 2026, 25% of homes in Knox, PA 16232 sold above their list price, the typical home went under contract in 140 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 13%, homes sold more slowly (79 days then) and the median sale price rose 48% to $202,412. Overall, Knox is less competitive than a year ago, which gives buyers more room.

Within Clarion County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell more often over asking than in 91%.

Nearby, buyers who want less competition could look at Marble 16334 (0% sold over asking) or Fryburg 16326 (0% sold over asking), while Sligo 16255 (40% sold over asking) is even more competitive.

Nearby markets

Callensburg 16213 — /sq ftClarion 16214Buyer’s market $107 /sq ftFairmount City 16224 — /sq ftFryburg 16326 $170 /sq ft Browse all markets →

Where Knox is

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Questions about Knox real estate

Is Knox a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Knox, PA 16232 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 Knox?

The typical home went under contract in 140 days in the latest three months.

Do homes in Knox sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 94.0% of the list price.

What are property taxes in Knox?

About 0.97% of a home’s value a year in Clarion County, or roughly $3,880 on a $400,000 home.

What is the median home price in Knox?

The median sale price was $202,412 in the three months ending August 31, 2026, about $172 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