Is Hermitage, PA 16148 a buyer’s or seller’s market?
Hermitage is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score31/ 100
More competitive than 27% of U.S. ZIP codes, and #551 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
Months of supply4.3Under 4 months = seller’s market
Sold above original list18%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$154▲ +9.5% vs. last year
Run the numbers for 16148
Nearby markets
Carlton 16311Seller’s market $152 /sq ftClarks Mills 16114 — /sq ftFarrell 16121Balanced — /sq ftFredonia 16124Buyer’s market — /sq ft Browse all markets →Local agents
See all agents in 16148 →No sponsored agents in 16148 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 16148
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology