Is Shippenville, PA 16254 a buyer’s or seller’s market?
Shippenville is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Shippenville housing market right now
In the three months ending August 31, 2026, 0% of homes in Shippenville, PA 16254 sold above their list price, the typical home went under contract in 311 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 fell from 33%, homes sold more slowly (37 days then) and the median sale price rose 13% to $225,402. Overall, Shippenville is less competitive than a year ago, which gives buyers more room.
Within Clarion County, homes here sell more slowly, and 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 16254
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 Shippenville nearby
Find towns like Shippenville in other states →Where Shippenville is
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Questions about Shippenville real estate
Is Shippenville a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Shippenville, PA 16254 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 Shippenville?
The typical home went under contract in 311 days in the latest three months.
Do homes in Shippenville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 89.1% of the list price.
What are property taxes in Shippenville?
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 Shippenville?
The median sale price was $225,402 in the three months ending August 31, 2026, about $138 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