Market Intelligence Report — PA-020

Altoona, PA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-PA-06
As of the latest 2026 data
Accelerated

Median Listing

$170K
+8.8% YoY

Pending Ratio

0.78
+67.5% YoY

Active Inventory

205
+6.8% YoY

Median DOM

51 Days
+7.4% YoY

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The Altoona market is currently in an accelerated condition, with a pending ratio of 0.78 indicating strong demand relative to available inventory. Active listings have seen a modest increase of 6.8% year-over-year, while median listing prices have appreciated by 8.8% over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Altoona market right now.

The volume of new listings has contracted significantly, decreasing by 20.3% year-over-year, contributing to sustained inventory pressure. Concurrently, the pending ratio has increased by 67.5% year-over-year, reflecting a rapid absorption of available properties. The median days on market increased by 7.4% over the past year, although price reductions have become less prevalent, declining by 5.2% year-over-year.

Historical Analysis

Market Trends

Median Price

$170K-2.8% MoM

Active Inventory

205+6.8% YoY

Days on Market

51+7.4% YoY

Sold Score™

67+67.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

67
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jul 23Jun 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jul 23Feb 24Sep 24Apr 25Nov 25Jun 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio and contraction in new listings suggest that properties are moving quickly through the market, placing pressure on available inventory. This environment necessitates prompt engagement for prospective purchasers, while offering more latitude for price discipline from sellers.

Luxury Segment

The average listing price has declined by 4.4% year-over-year, despite a median listing price increase of 8.8% and median $/sqft growth of 5.6%. This divergence suggests some softness at higher price points within the market. However, without more granular data, definitive conclusions about the luxury segment remain constrained.

Supply Dynamics

205 active listings represent the current floor, with new supply arriving at roughly 102 per month.

Pricing Pressure
19.3%

of active listings carry a price reduction, -5.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.6% year-over-year.

Absorption
0.78

Pending-to-active ratio — Accelerated.

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Metro Demographics

Metro Area
Altoona, PA
CBSA Code
11020
State
PA

ZIPs in Altoona, PA

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Altoona?+

    As of the latest 2026 data, the Altoona metro is classified as Accelerated. Pending ratio is 0.78 with median days on market at 51.

  • Are home prices dropping in Altoona?+

    Median listing price is $170K, +8.8% year over year. 19.3% of active listings carry a price reduction.

  • How fast are homes selling in Altoona?+

    The typical listing sits 51 days on market, a +7.4% change YoY. New listings are arriving at 102 per month.

  • What's happening in the Altoona luxury market?+

    The average listing price has declined by 4.4% year-over-year, despite a median listing price increase of 8.8% and median $/sqft growth of 5.6%. This divergence suggests some softness at higher price points within the market. However, without more granular data, definitive conclusions about the luxury segment remain constrained.

  • Where can I find a trusted Altoona real estate expert?+

    Primpted maintains a vetted registry of Altoona agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 11020 · 36mo history