Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$109,724−3.2% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$23,786About 0.4× the local median income ($59,147): affordable for a typical household
Days on market73 daysSlower than a year ago: buyers have time to negotiate
The typical home in McKean County, PA is worth $109,724, down 3.2% from a year ago. That is well below what local incomes have historically supported: fair value is about $123,399, so the area is 11.1% undervalued. It is a buyer's market: homes take about 73 days to sell, listings are up 45% from a year ago, 19% of listings have had a price cut. A household needs about $23,786 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $59,147. In the latest IRS figures, 54 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$109,724
Change in 1 year
−3.2%
Overvalued %
−11.1%
Show 6 more
Fair home value
$123,399
Change in 5 years
+1.7%
Home value to income
1.9×
Monthly mortgage payment (20% down)
$595
Income needed to afford it
$23,786
Property tax rate
1.59%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+44.8%
Days on market
73
Listings with a price cut
18.9%
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Homes for sale
126
Pending sales per 100 listings
39
Asking price per sq ft
$105
People and jobs
Median household income
$59,147
Population change (1 year)
−0.8%
Unemployment rate
4.9%
Show 4 more
Population
38,984
Income adjusted for cost of living
$65,501
Net moves in (IRS)
−54
Cost of living (US = 100)
90.3
Schools, risk and environment
School rating (1 to 10)
5.2
FEMA hazard risk score (0 to 100)
53.8
Flood risk score
73.2
Show 3 more
Wildfire risk score
10.2
Walkability (1 to 20)
6.6
Road, rail and air noise
53 dB
Questions people ask
Is McKean County, PA overvalued?
Home prices in McKean County, PA are well below what local incomes have historically supported: fair value is about $123,399, so the area is 11.1% undervalued.
Is McKean County, PA a buyer's or seller's market?
McKean County, PA is a buyer's market: homes take about 73 days to sell, listings are up 45% from a year ago, 19% of listings have had a price cut.
Are home prices going down in McKean County, PA?
Home values in McKean County, PA are down 3.2% over the last year.
How much do you need to earn to buy a home in McKean County, PA?
A household needs about $23,786 a year to afford the typical home in McKean County, PA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $59,147.