Is Austin, PA 16720 a buyer’s or seller’s market?
Austin is a seller’s market. With about 2.7 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.
The Austin housing market right now
In the three months ending August 31, 2026, 29% of homes in Austin, PA 16720 sold above their list price, the typical home went under contract in 77 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (290 days then) and the median sale price rose 70% to $174,924. Overall, Austin is more competitive than a year ago, so tougher for buyers.
Within Potter County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Sabinsville 16943 (0% sold over asking) or Harrison Valley 16927 (0% sold over asking), while Shinglehouse 16748 (50% sold over asking) and Cross Fork 17729 (50% sold over asking) are even more competitive.
Run the numbers for 16720
Nearby markets
Coudersport 16915Balanced $130 /sq ftCross Fork 17729Seller’s market $346 /sq ftGaleton 16922Buyer’s market $109 /sq ftGenesee 16923 — /sq ft Browse all markets →Towns like Austin nearby
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Questions about Austin real estate
Is Austin a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Austin, PA 16720 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 Austin?
The typical home went under contract in 77 days in the latest three months.
Do homes in Austin sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.
What are property taxes in Austin?
About 1.21% of a home’s value a year in Potter County, or roughly $4,840 on a $400,000 home.
What is the median home price in Austin?
The median sale price was $174,924 in the three months ending August 31, 2026, about $199 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