ZIP 16602 (Altoona, PA) Housing Market & Real Estate Update — February 22, 2026
16602 – February 22, 2026 – Altoona-area snapshot: prices look higher YoY on Redfin, inventory near 79, and 30-year rates averaged 6.01% this week.
ZIP 16602 covers Altoona in Blair County, Pennsylvania. Today’s read is a quick, local pulse using the most recent published ZIP-level dashboards (they don’t all track the same time window, so expect some differences).
Top takeaways
- Inventory looks modest: Zillow showed 79 homes for sale at the end of January.
- Recent closed-sale pricing looks higher year over year on Redfin (January 2026), but each portal measures a different slice of the market.
- Mortgage rates eased again: Freddie Mac’s weekly 30-year fixed average was 6.01% as of February 19, 2026.
Market snapshot (latest published data)
Home values: Zillow’s typical home value for 16602 was $129,323 (data through January 31, 2026), up 2.4% year over year. Zillow also reported a December 2025 median sale price of $141,317 and a January 2026 median list price of $158,617.
Closed sales & speed: Redfin reported a January 2026 median sale price of $171,500 (+31.9% year over year), with homes averaging 23 days on market and 66 homes sold in the month.
Supply/demand feel: Realtor.com characterized 16602 as a buyer’s market in December 2025 and reported an average 61 days on market in that period. Taken together, this suggests buyers may have negotiating room on properties that need updates, while well-presented homes can still move quickly.
Rent check: Zillow’s observed rent index for 16602 showed an average rent of $1,058 (January 31, 2026 data point). As always, condition, utilities, and lease terms can swing the real monthly cost.
Rates & affordability
With the 30-year fixed average at 6.01% (PMMS, week ending February 19, 2026), small changes in rate still meaningfully change purchasing power. If you’re shopping in 16602, re-run your numbers when rates move and compare the all-in payment (principal, interest, taxes, insurance, and utilities) across similarly priced homes.
What’s for sale nearby (no addresses)
- Older single-family homes where inspections focus on roof age, mechanicals, and basements/foundations.
- Move-in-ready listings where updated kitchens/baths (or fresh paint and flooring) can shorten time-to-offer.
- Occasional lots/land listings for buyers thinking about a future build or a workshop/garage project.
If you’re touring this week, keep a simple checklist: major systems (roof/HVAC/electrical), moisture signs, and total monthly cost versus comparable rentals.
ServiceXTC local pros (coverage note)
We checked ServiceXTC’s public directory pages today and did not find providers clearly tagged to ZIP 16602 yet. If you’re a local home inspector, roofer, electrician, plumber, HVAC tech, or remodeler, adding your listing helps neighbors hire with confidence.
What are you seeing in 16602 right now — more price cuts, multiple-offer listings, or a typical winter slowdown?
Sources
https://www.unitedstateszipcodes.org/16602/
https://www.zillow.com/home-values/64645/altoona-pa-16602/
https://www.redfin.com/zipcode/16602/housing-market
https://www.realtor.com/local/market/pennsylvania/zipcode-16602
https://www.realtor.com/realestateandhomes-search/16602
https://www.freddiemac.com/pmms
https://servicextc.com/category/plumber/