Thanks for the replies.  

My wife says I've already had my quota of wrongness for the day so I must be correct here:)Of course the rules of sec 121(the section dealing with your primary residence) do not require a 1031 exchange. 

Hi Dawn and thanx for the reply.

You are correct in that you cannot go wrong with Hershey market in Central, PA. 

I'm pretty concerned about market prices right now, but I also don't want to wait indefinitely for a market correction.

Thank you all for your replies.

Thank you for your reply. 

@Ehab Tadrous If I understand correctly you signed a contract with him to sell the property for $27k.

Everyone, thanks for all of your replies. 

almost every nice home is above market value in our town. reason being is our sewage pond is to small for the growth we have encountered so there is no building permits for the next year and half roughly. the only option is to buy an already built home or have your own septic system which there isn't a lot of land for sale either. so the market here is very crazy. our realtor also hasnt sold in our town. so im very confused on our situation. thank you for the reply.