Is Rimersburg, PA 16248 a buyer’s or seller’s market?
Rimersburg 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.
The Rimersburg housing market right now
In the three months ending August 31, 2026, 0% of homes in Rimersburg, PA 16248 sold above their list price, the typical home went under contract in 68 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 1 sale, 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 50%, homes sold faster (83 days then) and the median sale price fell 16% to $116,949. Overall, Rimersburg is less competitive than a year ago, which gives buyers more room.
Within Clarion County, homes here sell faster than in 55% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Sligo 16255 (40% sold over asking) and Knox 16232 (25% sold over asking) are even more competitive.
Run the numbers for 16248
Nearby markets
Callensburg 16213 — /sq ftClarion 16214Buyer’s market $107 /sq ftFairmount City 16224 — /sq ftFryburg 16326 $170 /sq ft Browse all markets →Towns like Rimersburg nearby
Find towns like Rimersburg in other states →Where Rimersburg is
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Questions about Rimersburg real estate
Is Rimersburg a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Rimersburg, PA 16248 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 Rimersburg?
The typical home went under contract in 68 days in the latest three months.
Do homes in Rimersburg sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Rimersburg?
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 Rimersburg?
The median sale price was $116,949 in the three months ending August 31, 2026, about $100 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