Altoona, PA Home Values & Market Trends

Real estate market trends reflect that there have been 847 transactions over the past year in Altoona. The median value for residential home transactions that occurred over the previous year is $125,698.99. The number of current listings in Altoona is 45, and the percentage of properties for sale in the city is 45.00%. Altoona, PA currently has 21 properties in foreclosure, 14 bank owned properties, 6 properties headed for auction, and 45 properties for sale.

Altoona, PA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
16601

$ 120,970

$ 74/sqft

16602

$ 139,262

$ 95/sqft

Housing Market Summary for Altoona, PA

Apr 2023March 2024Change
Median Listing Price$95,000$111.1K16.90%
Median Sold Price$102.3K$111.1K8.55%
Homes For Sale313925.81%
Homes Sold39647018.69%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Altoona, PA

Altoona home values range from $14,316 to $2,662,846. The median estimated value of a home in Altoona is $125,698.99. The median list price of a home is 161,900, and the total count of properties in the city is 22,591.

Foreclosure
There are 2 zips within Altoona, PA; within these zips, the median estimated home value for homes in foreclosure ranges from $322,750 in 16601 to the lowest value of $28,490 in 16601. Foreclosure homes account for 0.00% of properties in Altoona, PA with 16602 containing 12 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.00% of all residential properties in Altoona, PA with 16601 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Altoona, PA; of those zips, the estimated home value for pre-foreclosure homes ranges from $166,186 in 16601 to the lowest home value of $166,186 in 16601.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Altoona, PA ranges from the highest value of $322,750 in 16602 to the lowest value of $28,490 in 16601. Bank owned homes and properties account for 0.06% of properties in Altoona, PA. There are 2 zips within Altoona, PA; 16602 containing 9 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    16602 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Altoona, PA. Auction homes and other auction properties account for 0.03% of all properties in Altoona, PA. There are 2 zips within Altoona, PA; of those zips, the median estimated home value for homes going to auction ranges from $165,419 in 16601 to the lowest value of $82,557 in 16601.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.20% of residential properties in Altoona, PA with 16601 containing 23 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Altoona, PA; homes for sale in those zips, have a range of median values from $286,265 in 16602 to the lowest value of $29,014 in 16601.
    Sold Homes
    The median value for recently sold homes ranges from $502,800 in 16602 to the lowest price of $18,045 in 16602. There are 2 zips within Altoona, PA. 16602 has 243 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.07% of properties in Altoona, PA.

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      Guide for Altoona, PA

      Market Reports
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      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      See More Articles
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?