Is Emlenton, PA 16373 a buyer’s or seller’s market?
Emlenton is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Emlenton housing market right now
In the three months ending August 31, 2026, 0% of homes in Emlenton, PA 16373 sold above their list price, the typical home went under contract in 69 days and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 40%, homes sold more slowly (36 days then) and the median sale price rose 32% to $211,359. Overall, Emlenton is less competitive than a year ago, which gives buyers more room.
Within Venango County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Utica 16362 (100% sold over asking) and Pleasantville 16341 (20% sold over asking) are even more competitive.
Run the numbers for 16373
Nearby markets
Cooperstown 16317Seller’s market $138 /sq ftCranberry 16319 — /sq ftFranklin 16323Seller’s market $62 /sq ftKennerdell 16374Buyer’s market $171 /sq ft Browse all markets →Towns like Emlenton nearby
Find towns like Emlenton in other states →Where Emlenton is
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Questions about Emlenton real estate
Is Emlenton a buyer’s or seller’s market?
A buyer’s market: there were 19.2 months of supply in Emlenton, PA 16373 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 Emlenton?
The typical home went under contract in 69 days in the latest three months.
Do homes in Emlenton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.2% of the list price.
What are property taxes in Emlenton?
About 1.27% of a home’s value a year in Venango County, or roughly $5,080 on a $400,000 home.
What is the median home price in Emlenton?
The median sale price was $211,359 in the three months ending August 31, 2026, about $56 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