Is Trout Run, PA 17771 a buyer’s or seller’s market?
Trout Run is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Trout Run housing market right now
In the three months ending August 31, 2026, 0% of homes in Trout Run, PA 17771 sold above their list price, the typical home went under contract in 37 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 8 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 14%, homes sold more slowly (35 days then) and the median sale price fell 41% to $244,644. Overall, Trout Run is less competitive than a year ago, which gives buyers more room.
Within Lycoming County, homes here sell faster than in 62% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Waterville 17776 (50% sold over asking) and Montgomery 17752 (36% sold over asking) are even more competitive.
Run the numbers for 17771
Nearby markets
Allenwood 17810Buyer’s market $200 /sq ftCogan Station 17728Seller’s market $172 /sq ftHughesville 17737Seller’s market $138 /sq ftJersey Mills 17739 — /sq ft Browse all markets →Towns like Trout Run nearby
Find towns like Trout Run in other states →Where Trout Run is
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Questions about Trout Run real estate
Is Trout Run a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Trout Run, PA 17771 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 Trout Run?
The typical home went under contract in 37 days in the latest three months.
Do homes in Trout Run sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.9% of the list price.
What are property taxes in Trout Run?
About 1.31% of a home’s value a year in Lycoming County, or roughly $5,240 on a $400,000 home.
What is the median home price in Trout Run?
The median sale price was $244,644 in the three months ending August 31, 2026, about $117 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