Castle Shannon housing market update: rates under 6%, prices firm, inventory limited
Castle Shannon, PA – March 3, 2026 – Mortgage rates dipped under 6% while recent local data showed firm pricing, with inventory still tight and days-on-market improving.
Mortgage rates moved lower going into spring, and recent metrics continue to point to firm pricing in Castle Shannon, PA, even as inventory remains limited.
Key numbers
- Freddie Mac’s weekly average 30-year fixed rate: 5.98% (2/26/2026).
- Freddie Mac’s weekly average 15-year fixed rate: 5.44% (2/26/2026).
- Redfin median sale price: $230K (Dec 2025), up 15% year over year.
- Redfin median $/sq ft: $178 (Dec 2025), up 11.9% year over year.
- Zillow typical home value: $197,884 (data through 12/31/2025), down 0.5% over the year.
- Zillow homes listed for sale at month-end: 28 (through 12/31/2025).
Market snapshot
Homes averaged 48 days on market in Dec 2025 (down from 75 a year earlier), and Redfin rates the market as somewhat competitive. Zillow showed 8 new listings by 12/31/2025 and a median list price near $230K.
What to watch next
If sub-6% mortgage rates persist, more buyers may re-enter, especially for move-in-ready homes. For renters, Zillow’s average rent estimate was $1,901 as of 12/31/2025, so relatively small shifts in supply can matter.