16738 — McKean County, Pennsylvania Market Snapshot
Housing market data for zip code 16738 in McKean County, Pennsylvania. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 5 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the McKean County county page for broader data.
Market Sales Data
5 sales in 2026 (year to date)
Median Sale Price
$262,000
Days to Sell
28
Homes Sold
5
Inventory
3
Conforming Loan Available
Most homebuyers in 16738 can comfortably use conventional financing. The median home price of $262,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 16738 are moving quickly at 28 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Conforming Loan Feasibility
Most homebuyers in 16738 can comfortably use conventional financing. The median home price of $262,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 16738 are set at the county level.
2026 Loan Limits — McKean County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 16738
To purchase the median home at $262,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,157.
Monthly Payment
$2,157
Income Required
$92,458
Principal & Interest
$1,614/mo
Down Payment (5%)
$13,100
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 16738.
Estimated Monthly Payment
$1,771
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 16738. Tell us what you're looking for.