Is Cranesville, PA 16410 a buyer’s or seller’s market?
Cranesville is a seller’s market. With about 3.2 months of supply and 50% 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 Cranesville housing market right now
In the three months ending August 31, 2026, 50% of homes in Cranesville, PA 16410 sold above their list price, the typical home went under contract in 27 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 67%, homes sold more slowly (5 days then) and the median sale price rose 60% to $212,408. Overall, Cranesville is less competitive than a year ago, which gives buyers more room.
Within Erie County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at Albion 16401 (17% sold over asking) or Erie 16503 (18% sold over asking), while West Springfield 16443 (100% sold over asking) and Harborcreek 16421 (60% sold over asking) are even more competitive.
Run the numbers for 16410
Nearby markets
Albion 16401Seller’s market $123 /sq ftCorry 16407Seller’s market $97 /sq ftEast Springfield 16411Seller’s market $96 /sq ftEdinboro 16412Seller’s market $186 /sq ft Browse all markets →Towns like Cranesville nearby
Find towns like Cranesville in other states →Where Cranesville is
Loading map…
Questions about Cranesville real estate
Is Cranesville a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Cranesville, PA 16410 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 Cranesville?
The typical home went under contract in 27 days in the latest three months.
Do homes in Cranesville sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 109.2% of the list price.
What are property taxes in Cranesville?
About 1.60% of a home’s value a year in Erie County, or roughly $6,400 on a $400,000 home.
What is the median home price in Cranesville?
The median sale price was $212,408 in the three months ending August 31, 2026, about $160 per square foot.
Local agents
See all agents in 16410 →No sponsored agents in 16410 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 16410
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology