Is Pennsylvania Furnace, PA 16865 a buyer’s or seller’s market?

The Pennsylvania Furnace housing market right now

In the three months ending August 31, 2026, 17% of homes in Pennsylvania Furnace, PA 16865 sold above their list price, the typical home went under contract in 21 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 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 fell from 50%, homes sold more slowly (12 days then) and the median sale price rose 13% to $329,807. Overall, Pennsylvania Furnace is less competitive than a year ago, which gives buyers more room.

Within Centre County, homes here sell faster than in 58% of the county’s ZIP codes, and sell less often over asking than in 68%.

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) and Moshannon 16859 (50% sold over asking) are even more competitive.