Is Kennerdell, PA 16374 a buyer’s or seller’s market?

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

Kennerdell 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.

Months of supply19.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list80.1%Sold price ÷ list price
Median days on market100Listing to accepted offer
Median price per sq ft$171▼ −14.8% vs. last year

The Kennerdell housing market right now

In the three months ending August 31, 2026, 0% of homes in Kennerdell, PA 16374 sold above their list price, the typical home went under contract in 100 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 14%, homes sold more slowly (55 days then) and the median sale price fell 51% to $111,202. Overall, Kennerdell is less competitive than a year ago, which gives buyers more room.

Within Venango County, homes here sell more slowly, and 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.

Nearby markets

Cooperstown 16317Seller’s market $138 /sq ftCranberry 16319 — /sq ftEmlenton 16373Buyer’s market $56 /sq ftFranklin 16323Seller’s market $62 /sq ft Browse all markets →

Where Kennerdell is

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Questions about Kennerdell real estate

Is Kennerdell a buyer’s or seller’s market?

A buyer’s market: there were 19.2 months of supply in Kennerdell, PA 16374 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 Kennerdell?

The typical home went under contract in 100 days in the latest three months.

Do homes in Kennerdell sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 80.1% of the list price.

What are property taxes in Kennerdell?

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 Kennerdell?

The median sale price was $111,202 in the three months ending August 31, 2026, about $171 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