Is Meyersdale, PA 15552 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Meyersdale is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.2Under 4 months = seller’s market
Sold above original list10%Share of sales, last 3 months
Median sale-to-list93.8%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$76▼ −17.2% vs. last year

The Meyersdale housing market right now

In the three months ending August 31, 2026, 10% of homes in Meyersdale, PA 15552 sold above their list price, the typical home went under contract in 58 days and there were 4.2 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 10 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold about as fast and the median sale price fell 36% to $121,447. Overall, Meyersdale is less competitive than a year ago, which gives buyers more room.

Within Somerset County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 55%.

Nearby, buyers who want less competition could look at Hooversville 15936 (0% sold over asking) or Springs 15562 (0% sold over asking), while Cairnbrook 15924 (100% sold over asking) and Boswell 15531 (50% sold over asking) are even more competitive.

Nearby markets

Addison 15411Buyer’s market $245 /sq ftBerlin 15530Balanced $122 /sq ftBoswell 15531Seller’s market $128 /sq ftCairnbrook 15924Seller’s market $97 /sq ft Browse all markets →

Where Meyersdale is

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Questions about Meyersdale real estate

Is Meyersdale a buyer’s or seller’s market?

A balanced market: there were 4.2 months of supply in Meyersdale, PA 15552 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 Meyersdale?

The typical home went under contract in 58 days in the latest three months.

Do homes in Meyersdale sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 93.8% of the list price.

What are property taxes in Meyersdale?

About 0.98% of a home’s value a year in Somerset County, or roughly $3,920 on a $400,000 home.

What is the median home price in Meyersdale?

The median sale price was $121,447 in the three months ending August 31, 2026, about $76 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