Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 40,149 ↓ 0.7% since 2020 |
| Median Household Income | $61,705 17% below national median |
| Median Home Value | $98,700 |
| Unemployment Rate | 4.8% |
| Median Age | 43.8 years |
| Housing Vacancy Rate | 16.9% |
| Total Land Sales (Past 12 Months) | 40 transactions |
| Active Listings | 16 properties |
| Avg Days on Market | 619 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $10,152 |
| Recent Sales | 31 transactions |
| Avg Days on Market | 147 days |
| Avg Parcel Size | 17.90 acres |
| Active Listings | 8 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Feb 2026 | 3.31 | $97,500 | $29,456 | 179 White Hollow Rd | Smethport |
| Feb 2026 | 83.45 | $255,000 | $3,056 | 0 Route 6 | Kane |
| Feb 2026 | 1.86 | $50,000 | $26,882 | Sleepy Hollow Rd | Kane |
| Feb 2026 | 89.63 | $430,000 | $4,798 | 1009 Barbertown Rd | Eldred |
| Feb 2026 | 1.00 | $10,000 | $10,000 | 2354 Prentisvale Rd | Eldred |
| Feb 2026 | 1.97 | $20,000 | $10,152 | Route 346 | Bradford |
| Feb 2026 | 1.97 | $20,000 | $10,152 | W Washington St #3 | Bradford |
| Jan 2026 | 2.50 | $30,000 | $12,000 | 17 Benson Ln | Kane |
| Dec 2025 | 1.20 | $65,000 | $54,167 | 201 Township Line Rd #307 | Kane |
| Nov 2025 | 99.08 | $55,000 | $555 | 218 Garlock Holw #A | Bradford |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Nov 2025 | 1.22 | $1,000 | $820 | Northgate Dr | Bradford |
| Nov 2025 | 6.71 | $95,000 | $14,158 | Route 146 | Mount Jewett |
| Nov 2025 | 3.00 | $2,773 | $924 | Columbia Hill Rd | Rixford |
| Nov 2025 | 5.51 | $10,000 | $1,815 | 495 Main St | Hazel Hurst |
| Nov 2025 | 1.40 | $26,000 | $18,571 | 1942 E Valley Rd | Smethport |
| Nov 2025 | 6.00 | $500 | $83 | McCrean Brook Rd | Eldred |
| Oct 2025 | 3.37 | $1,000 | $297 | Route 6 | Kane |
| Oct 2025 | 3.24 | $40,000 | $12,346 | 149 Jackson Ave #2 | Bradford |
| Oct 2025 | 4.17 | $70,000 | $16,787 | 1111 South Ave | Bradford |
| Sep 2025 | 14.32 | $150,000 | $10,475 | 688 Division St | Mount Jewett |
| Sep 2025 | 1.25 | $21,500 | $17,200 | 2 Laurel Ave | Kane |
| Sep 2025 | 129.40 | $285,000 | $2,202 | 267 Indian Crk | Eldred |
| Aug 2025 | 8.98 | $50,000 | $5,568 | Riterville Rd | Lewis Run |
| Aug 2025 | 1.00 | $165,000 | $165,000 | 226 Collins Rd | Lewis Run |
| Aug 2025 | 30.00 | $1,250 | $42 | 189 Burdick Ln | Kane |
| Jun 2025 | 1.72 | $39,900 | $23,198 | W Main St | Smethport |
| Jun 2025 | 1.72 | $39,900 | $23,198 | 0 W Main St #2 | Smethport |
| Jun 2025 | 20.93 | $30,000 | $1,433 | 118 Hedgehog Ln | Bradford |
| Apr 2025 | 20.13 | $117,500 | $5,837 | 0 Bells Run Rd | Shinglehouse |
| Apr 2025 | 3.70 | $5,000 | $1,351 | Looker Mountain Trl | Rixford |
| Mar 2025 | 1.25 | $15,000 | $12,000 | 0 Anderson St #1 | Mount Jewett |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $7,500 |
| Recent Sales | 9 transactions |
| Avg Days on Market | 126 days |
| Avg Parcel Size | 0.38 acres |
| Active Listings | 8 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Jan 2026 | 0.05 | $1,315 | 14 Interstate Pkwy | Bradford |
| Dec 2025 | 0.70 | $250,000 | Poplar St | Mount Jewett |
| Nov 2025 | 0.75 | $15,000 | Heavens Way | Lewis Run |
| Nov 2025 | 0.23 | $1,000 | Looker Mountain Trl | Rixford |
| Oct 2025 | 0.02 | $1,000 | Hobson Pl | Bradford |
| Oct 2025 | 0.13 | $7,500 | Droney Rd | Gifford |
| Oct 2025 | 0.09 | $1,000 | 228 High St | Bradford |
| Oct 2025 | 0.75 | $22,500 | Mudlick Rd | Kane |
| Sep 2025 | 0.67 | $144,050 | 516 Tionesta Ave | Kane |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 40,149 |
| Population (2020) | 40,432 |
| Population Growth | -0.7% |
| Median Household Income | $61,705 |
| Median Home Value | $98,700 |
| Total Housing Units | 19,493 |
| Vacant Housing Units | 3,289 |
| Housing Vacancy Rate | 16.9% |
| Median Age | 43.8 |
| Bachelor's Degree or Higher | 3,621 (9.0%) |
| Unemployment Rate | 4.8% |
Market Overview
McKean County, Pennsylvania has a population of 40,149, which has declined 0.7% since 2020. The median household income is $61,705, below the national median of $74,580 by 17.3%. The housing vacancy rate of 16.9% suggests soft market conditions. McKean County remains a key area for land acquisition in Pennsylvania. Recent rural land sales show a median price of $6,366 per acre, with properties averaging 14.50 acres. There are currently 16 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of McKean County, Pennsylvania?
As of the 2023 American Community Survey, McKean County has a population of 40,149. The county has declined 0.7% since the 2020 Census.
What is the median household income in McKean County?
The median household income in McKean County is $61,705, which is 17.3% below the national median of $74,580.
Is McKean County growing or shrinking?
McKean County is shrinking. The population has declined 0.7% since 2020.
What is the housing market like in McKean County?
The median home value in McKean County is $98,700. The housing vacancy rate is 16.9%, which suggests soft market conditions. The unemployment rate is 4.8%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $6,366 per acre. Suburban/urban lots under 1 acre have a median lot price of $6,000.
Does Reelvest buy land in McKean County, Pennsylvania?
Yes! Reelvest Properties buys vacant land throughout Pennsylvania, including McKean County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.