Is Carlton, PA 16311 a buyer’s or seller’s market?
Carlton is a seller’s market. With about 1.1 months of supply and 33% 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 Carlton housing market right now
In the three months ending August 31, 2026, 33% of homes in Carlton, PA 16311 sold above their list price, the typical home went under contract in 64 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 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 0%, homes sold faster (70 days then) and the median sale price fell 31% to $278,380. Overall, Carlton is more competitive than a year ago, so tougher for buyers.
Within Mercer County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell less often over asking than in 53%.
Nearby, buyers who want less competition could look at Transfer 16154 (0% sold over asking) or Fredonia 16124 (0% sold over asking), while New Wilmington 16142 (60% sold over asking) and Jackson Center 16133 (50% sold over asking) are even more competitive.
Run the numbers for 16311
Nearby markets
Clarks Mills 16114 — /sq ftFarrell 16121Balanced — /sq ftFredonia 16124Buyer’s market — /sq ftGreenville 16125Seller’s market $67 /sq ft Browse all markets →Where Carlton is
Loading map…
Questions about Carlton real estate
Is Carlton a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Carlton, PA 16311 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 Carlton?
The typical home went under contract in 64 days in the latest three months.
Do homes in Carlton sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Carlton?
About 1.18% of a home’s value a year in Mercer County, or roughly $4,720 on a $400,000 home.
What is the median home price in Carlton?
The median sale price was $278,380 in the three months ending August 31, 2026, about $152 per square foot.
Local agents
See all agents in 16311 →No sponsored agents in 16311 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 16311
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology