Is Tyrone, PA 16686 a buyer’s or seller’s market?
Tyrone is a seller’s market. With about 1.9 months of supply and 29% 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 60% of U.S. ZIP codes, and #383 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 Tyrone housing market right now
In the three months ending August 31, 2026, 29% of homes in Tyrone, PA 16686 sold above their list price, the typical home went under contract in 25 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 35 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 16%, homes sold more slowly (21 days then) and the median sale price rose 9% to $190,917. Overall, Tyrone is more competitive than a year ago, so tougher for buyers.
Within Blair County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 90%. On our competition score, Tyrone ranks #383 of 601 PA ZIP codes with enough sales (score 58 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) is even more competitive.
Run the numbers for 16686
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 Tyrone nearby
Find towns like Tyrone in other states →Where Tyrone is
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Questions about Tyrone real estate
Is Tyrone a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Tyrone, PA 16686 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 Tyrone?
The typical home went under contract in 25 days in the latest three months.
Do homes in Tyrone sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Tyrone?
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 Tyrone?
The median sale price was $190,917 in the three months ending August 31, 2026, about $115 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