Is Pine Grove Mills, PA 16868 a buyer’s or seller’s market?
Pine Grove Mills is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Pine Grove Mills housing market right now
In the three months ending August 31, 2026, 0% of homes in Pine Grove Mills, PA 16868 sold above their list price, the typical home went under contract in 7 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 100%, homes sold more slowly (4 days then) and the median sale price fell 13% to $349,849. Overall, Pine Grove Mills is less competitive than a year ago, which gives buyers more room.
Within Centre County, homes here sell faster than in 84% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Karthaus 16845 (100% sold over asking) and Moshannon 16859 (50% sold over asking) are even more competitive.
Run the numbers for 16868
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 →Towns like Pine Grove Mills nearby
Find towns like Pine Grove Mills in other states →Where Pine Grove Mills is
Loading map…
Questions about Pine Grove Mills real estate
Is Pine Grove Mills a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Pine Grove Mills, PA 16868 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 Pine Grove Mills?
The typical home went under contract in 7 days in the latest three months.
Do homes in Pine Grove Mills sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Pine Grove Mills?
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 Pine Grove Mills?
The median sale price was $349,849 in the three months ending August 31, 2026, about $246 per square foot.
Local agents
See all agents in 16868 →No sponsored agents in 16868 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 16868
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology