Is Altoona, PA 16601 a buyer’s or seller’s market?
Altoona is a seller’s market. With about 2.3 months of supply and 13% 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.
More competitive than 38% of U.S. ZIP codes, and #507 of 601 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Altoona housing market right now
In the three months ending August 31, 2026, 13% of homes in Altoona, PA 16601 sold above their list price, the typical home went under contract in 29 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 91 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (18 days then) and the median sale price held steady to $139,839. Overall, Altoona is less competitive than a year ago, which gives buyers more room.
Within Blair County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 80%. On our competition score, Altoona ranks #507 of 601 PA ZIP codes with enough sales (score 39 out of 100).
Nearby, buyers who want less competition could look at Martinsburg 16662 (0% sold over asking) or East Freedom 16637 (0% sold over asking), while Duncansville 16635 (43% sold over asking) and Tyrone 16686 (29% sold over asking) are even more competitive.
Run the numbers for 16601
Nearby markets
Altoona 16602Seller’s market $93 /sq ftBellwood 16617Balanced $121 /sq ftClaysburg 16625Buyer’s market $111 /sq ftDuncansville 16635Seller’s market $113 /sq ft Browse all markets →Towns like Altoona nearby
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Questions about Altoona real estate
Is Altoona a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Altoona, PA 16601 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 Altoona?
The typical home went under contract in 29 days in the latest three months.
Do homes in Altoona sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 94.8% of the list price.
What are property taxes in Altoona?
About 1.07% of a home’s value a year in Blair County, or roughly $4,280 on a $400,000 home.
What is the median home price in Altoona?
The median sale price was $139,839 in the three months ending August 31, 2026, about $88 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