Is Moshannon, PA 16859 a buyer’s or seller’s market?
Moshannon is a seller’s market. With about 1.6 months of supply and 50% 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 Moshannon housing market right now
In the three months ending August 31, 2026, 50% of homes in Moshannon, PA 16859 sold above their list price, the typical home went under contract in 132 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Within Centre County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 95%.
Nearby, buyers who want less competition could look at Pine Grove Mills 16868 (0% sold over asking) or Milesburg 16853 (0% sold over asking), while Karthaus 16845 (100% sold over asking) is even more competitive.
Run the numbers for 16859
Nearby markets
Aaronsburg 16820 — /sq ftBellefonte 16823Seller’s market $188 /sq ftBlanchard 16826 $176 /sq ftBoalsburg 16827Seller’s market $211 /sq ft Browse all markets →Where Moshannon is
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Questions about Moshannon real estate
Is Moshannon a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Moshannon, PA 16859 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 Moshannon?
The typical home went under contract in 132 days in the latest three months.
Do homes in Moshannon sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Moshannon?
About 1.05% of a home’s value a year in Centre County, or roughly $4,200 on a $400,000 home.
What is the median home price in Moshannon?
The median sale price was $229,351 in the three months ending August 31, 2026, about $114 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