Is Wellsboro, PA 16901 a buyer’s or seller’s market?
Wellsboro is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 16% of U.S. ZIP codes, and #579 of 601 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Wellsboro housing market right now
In the three months ending August 31, 2026, 11% of homes in Wellsboro, PA 16901 sold above their list price, the typical home went under contract in 70 days and there were 5.9 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. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (67 days then) and the median sale price fell 21% to $259,888. Overall, Wellsboro is less competitive than a year ago, which gives buyers more room.
Within Tioga County, homes here sell more slowly than in 54% of the county’s ZIP codes, and sell more often over asking than in 54%. On our competition score, Wellsboro ranks #579 of 601 PA ZIP codes with enough sales (score 21 out of 100).
Nearby, buyers who want less competition could look at Cedar Run 17727 (0% sold over asking) or Westfield 16950 (0% sold over asking), while Morris 16938 (50% sold over asking) and Elkland 16920 (43% sold over asking) are even more competitive.
Run the numbers for 16901
Nearby markets
Blossburg 16912Seller’s market $120 /sq ftCedar Run 17727 $367 /sq ftCovington 16917Seller’s market $187 /sq ftElkland 16920Balanced $73 /sq ft Browse all markets →Towns like Wellsboro nearby
Find towns like Wellsboro in other states →Where Wellsboro is
Loading map…
Questions about Wellsboro real estate
Is Wellsboro a buyer’s or seller’s market?
A balanced market: there were 5.9 months of supply in Wellsboro, PA 16901 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 Wellsboro?
The typical home went under contract in 70 days in the latest three months.
Do homes in Wellsboro sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Wellsboro?
About 1.15% of a home’s value a year in Tioga County, or roughly $4,600 on a $400,000 home.
What is the median home price in Wellsboro?
The median sale price was $259,888 in the three months ending August 31, 2026, about $139 per square foot.
Local agents
See all agents in 16901 →No sponsored agents in 16901 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 16901
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology