ZIP 15857 Housing Market & Real Estate Update (St. Marys, PA) — February 23, 2026
15857 – February 23, 2026 – St. Marys, PA (Elk County) market stays tight; mixed price signals, steady inventory, and mortgage rates easing near 6%.
Today’s update is for ZIP 15857 (St. Marys area in Elk County, Pennsylvania). Because this is a smaller market, a single month’s closed sales can swing the median, so it’s best to watch values, inventory, and days on market together.
Top takeaways
- Mortgage rates moved lower again: Freddie Mac’s weekly average 30-year fixed rate was 6.01% (as of February 19, 2026).
- Inventory remains modest: ZIP-level trackers show roughly the low-30s to mid-40s homes for sale, depending on the site’s coverage.
- Pricing signals are mixed: Zillow’s typical value for 15857 was $144,753 (down 1.3% year over year, data through January 31, 2026), while Realtor.com’s ZIP dashboard shows a median sale price around $150,000. Redfin reports a higher recent median sale price, but with very few sales in that period.
Market snapshot (ZIP 15857)
Values vs. sales: Zillow’s value index sits in the mid-$140Ks for the ZIP, while recent ZIP-level sale medians reported by Realtor.com are closer to the $150K range. If you’re tracking month-to-month changes, pay attention to the number of sales behind the headline—thin volume can exaggerate jumps (up or down).
Market pace: Days-on-market metrics vary by data source, but overall the area reads as neither ‘instant sale’ hot nor ‘stuck for months’ cold. Sellers may still need to price realistically; buyers may still find leverage on listings that linger.
Rentals: Rental datapoints are spottier locally, but Realtor.com’s ZIP page flags rising rents year over year—useful context if you’re comparing owning vs. renting or considering a small rental.
What’s for sale nearby (no addresses)
- Single-family homes: Active search pages for 15857 show a wide spread, with many listings concentrated around the low-to-mid $100Ks.
- Lots and small acreage: St. Marys land search pages currently show multiple small parcels priced under $40K.
- Commercial/industrial land: Elk County land marketplaces list a handful of commercial land opportunities; these typically require extra checks on zoning, utilities, and access.
Practical next steps
Sellers: in a modest-inventory ZIP, condition and documentation (roof age, mechanicals, repairs) can be the difference between a quick offer and repeated price reductions. Buyers: run payment scenarios at today’s rates, since a small rate change can affect affordability as much as negotiating several thousand dollars on price.
Sources (names only; full URLs are in the post metadata)
- Freddie Mac PMMS weekly mortgage rate averages
- Zillow ZIP 15857 home values and St. Marys land search
- Redfin ZIP 15857 housing-market trends
- Realtor.com ZIP 15857 market page and active search pages
Locals: are you seeing more price cuts, or are the best listings still moving quickly in 15857?