Is Spring Mills, PA 16875 a buyer’s or seller’s market?

The Spring Mills housing market right now

In the three months ending August 31, 2026, 25% of homes in Spring Mills, PA 16875 sold above their list price, the typical home went under contract in 22 days and there were 4 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. With only 4 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 36%, homes sold more slowly (8 days then) and the median sale price rose 131% to $809,650. Overall, Spring Mills is less competitive than a year ago, which gives buyers more room.

Within Centre County, homes here sell faster than in 53% of the county’s ZIP codes, and sell less often over asking than in 58%.

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.