Is Bradford, PA 16701 a buyer’s or seller’s market?
Bradford is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 12% of U.S. ZIP codes, and #584 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 Bradford housing market right now
In the three months ending August 31, 2026, 11% of homes in Bradford, PA 16701 sold above their list price, the typical home went under contract in 49 days and there were 6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 28 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (44 days then) and the median sale price fell 6% to $128,205. Overall, Bradford is less competitive than a year ago, which gives buyers more room.
Within McKean County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Bradford ranks #584 of 601 PA ZIP codes with enough sales (score 19 out of 100).
Nearby, buyers who want less competition could look at Smethport 16749 (0% sold over asking) or Rixford 16745 (0% sold over asking), while Port Allegany 16743 (20% sold over asking) is even more competitive.
Run the numbers for 16701
Nearby markets
Crosby 16724 — /sq ftCyclone 16726 — /sq ftDuke Center 16729 $110 /sq ftEldred 16731Buyer’s market $42 /sq ft Browse all markets →Towns like Bradford nearby
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Questions about Bradford real estate
Is Bradford a buyer’s or seller’s market?
A balanced market: there were 6 months of supply in Bradford, PA 16701 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 Bradford?
The typical home went under contract in 49 days in the latest three months.
Do homes in Bradford sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 94.1% of the list price.
What are property taxes in Bradford?
About 1.59% of a home’s value a year in McKean County, or roughly $6,360 on a $400,000 home.
What is the median home price in Bradford?
The median sale price was $128,205 in the three months ending August 31, 2026, about $95 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