Local Market0 views · 2 answers
How competitive is the Altoona housing market?
P
Primpted Housing Analyst
Updated monthly · Data through August 2026 · v268
- Sold Score
- 71/100
- YoY Good Chance of Selling
- Pending ratio
- 0.62
- YoY contracts vs active
- Inventory YoY
- +0.0%
- YoY active listings
- Median DOM
- 50
- YoY days on market
- Price cuts
- 43.9%
- YoY of active listings
Altoona is competitive as of August 2026, with a Sold Score of 71/100 (Good Chance of Selling).
**Pending ratio** is 0.62 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +0.8% — more choices for buyers than a year ago.
**Median days on market** is 50. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 43.9% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (August 2026): Sold Score: 71/100 (Good Chance of Selling) · Pending ratio: 0.62 · Inventory YoY: +0.8% · Median days on market: 50 · Sellers cutting price: 43.9% · Median listing price: $170,000 (+2.8% YoY)
Altoona snapshot
As of the latest 2026 data- Median listing
- $170K
- YoY +0.0%
- Active inventory
- 246
- YoY +0.0%
- Median DOM
- 50
- YoY +0.2%
- Pending ratio
- 0.62
- YoY +0.5%
- Price-reduced
- 20.9%
- YoY -0.1%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
Really, it's a moderately competitive market right now in Altoona. While homes are selling a bit slower, buyers are still facing some competition for the available properties. This means buyers need to be ready to act, but sellers aren't seeing prices jump dramatically.
The median listing price in Altoona is $170,000. This price has stayed pretty stable recently, only dropping slightly by 2.1% from the previous month, but it is still up 2.8% compared to the same time last year.
There are 246 homes for sale, which is about the same as last year. However, fewer new homes are coming onto the market, down 14.3% compared to a year ago. This can make it a bit harder for buyers to find many fresh options.
Homes are staying on the market longer, taking a median of 50 days to sell. This is 16.3% longer than last year, giving buyers more time to look. Also, the share of homes dropping their prices has decreased to 20.9%, which means sellers are more confident in their original pricing.
About 152 homes are currently under contract to be sold, which is a strong number compared to the active listings. The pending ratio of 0.62 is up significantly, by 53.2% from last year, showing that many homes are finding buyers relatively quickly.
For buyers, this market means you should be prepared to make competitive offers, especially on desirable homes, even though you might have a bit more time to decide than before. For sellers, pricing strategically remains important, as homes are taking longer to sell, but many are still going under contract.