Pennsylvania recorded nearly 10,900 home sales in May, compared to about 9,400 in April. However, the number of sales was down about 5.5% compared to May 2025.
The number of homes on the market jumped about 12% from about 40,000 listings in April to more than 44,800 in May. But listings were down 5% compared to May 2025.
The median home price of $320,000 was up by 5% from $305,000 in May 2025. PAR’s 2026 President David Dean, a realtor with Howard Hanna Real Estate Services in the Pittsburgh region, observed, “The state’s rising home prices reflect the sustained demand for homes, and the growing inventory provides consumers with more opportunities and choices. These trends are creating a healthier and more balanced market for buyers and sellers alike.”
Dean added, “Homebuyers should approach today’s housing market with patience and preparation. While increased inventory is providing more options, competition remains strong in many local areas.”
Photo: Welles Enterprises / Getty Images
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