Local Market0 views · 2 answers
How competitive is the Altoona housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 67/100
- YoY Good Chance of Selling
- Pending ratio
- 0.80
- YoY contracts vs active
- Inventory YoY
- +0.0%
- YoY active listings
- Median DOM
- 51
- YoY days on market
- Price cuts
- 42.6%
- YoY of active listings
Altoona is competitive as of May 2026, with a Sold Score of 67/100 (Good Chance of Selling).
**Pending ratio** is 0.80 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +3.1% — more choices for buyers than a year ago.
**Median days on market** is 51. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 42.6% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 67/100 (Good Chance of Selling) · Pending ratio: 0.80 · Inventory YoY: +3.1% · Median days on market: 51 · Sellers cutting price: 42.6% · Median listing price: $169,950 (+8.8% YoY)
Altoona snapshot
As of the latest 2026 data- Median listing
- $170K
- YoY +0.1%
- Active inventory
- 205
- YoY +0.1%
- Median DOM
- 51
- YoY +0.1%
- Pending ratio
- 0.78
- YoY +0.7%
- Price-reduced
- 19.3%
- YoY -0.1%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
The Altoona housing market is showing signs of becoming less competitive, with properties taking a bit longer to sell and more price reductions happening. However, prices are still higher than they were a year ago.
The median listing price right now is $169,950, which is up 8.8% from this time last year. Even with that increase, prices actually dipped 2.8% in the most recent month, suggesting a bit of a cool-down.
Homes are also staying on the market longer. The typical home is listed for 51 days before going under contract, which is about 7.4% longer than last year. This gives buyers more time to make decisions.
About 19.3% of homes have had a price reduction, which is 5.2% less than a year ago. Even though fewer homes are seeing price cuts, it still means almost one in five sellers are adjusting their prices.
Sellers in Altoona might find they need to be more flexible with their pricing, and buyers could have a slightly easier time finding a home that fits their budget and timeline.