Is Martinsburg, PA 16662 a buyer’s or seller’s market?
Martinsburg is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Martinsburg housing market right now
In the three months ending August 31, 2026, 0% of homes in Martinsburg, PA 16662 sold above their list price, the typical home went under contract in 118 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (192 days then) and the median sale price fell 39% to $220,812. Overall, Martinsburg is more competitive than a year ago, so tougher for buyers.
Within Blair County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Duncansville 16635 (43% sold over asking) and Tyrone 16686 (29% sold over asking) are even more competitive.
Run the numbers for 16662
Nearby markets
Altoona 16601Seller’s market $88 /sq ftAltoona 16602Seller’s market $93 /sq ftBellwood 16617Balanced $121 /sq ftClaysburg 16625Buyer’s market $111 /sq ft Browse all markets →Towns like Martinsburg nearby
Find towns like Martinsburg in other states →Where Martinsburg is
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Questions about Martinsburg real estate
Is Martinsburg a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Martinsburg, PA 16662 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 Martinsburg?
The typical home went under contract in 118 days in the latest three months.
Do homes in Martinsburg sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.7% of the list price.
What are property taxes in Martinsburg?
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 Martinsburg?
The median sale price was $220,812 in the three months ending August 31, 2026, about $147 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