McDonald, PA—15057
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — McDonald, PA
As of Oct '25, the median home price in McDonald, PA is $385,000, with a year-over-year change of 2.4%. This indicates that home prices in McDonald, PA are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $385,000 | 2.4% |
| Single Family | $385,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $160,000 | 1.9% |
3 Bed | $308,000 | 3.4% |
4 Bed | $481,000 | 2.3% |
| 5 Bed | $630,000 | 1.4% |
% of Housing Stock
Rental Trends — McDonald, PA
As of July '25, Rentcast reports the average rent in McDonald, PA is $1,850, with a year-over-year rent change of 15.6%. Per bedroom, the median rent as of July '25 in McDonald, PA is 1-bedrooms: $735, 2-bedrooms: $1,650, 3-bedrooms: $2,110, 4-bedrooms: $3,260. The most common rental property sizes in McDonald, PA are 2-bedroom and 1-bedroom, accounting for 44.3% and 22.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $650 | $735 |
| 2 Bed Rent | $1,650 | $1,650 |
| 3 Bed Rent | $1,650 | $2,110 |
| 4 Bed Rent | $3,380 | $3,260 |
% of Rental Stock
Property Listings — McDonald, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in McDonald, PA is 50. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $331,000 | -14.0% |
Listing Count | 50 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 50 | 16.0% |
Demographics — McDonald, PA
As of the latest ACS Survey released in 2023, McDonald, PA has a population of 17,200, which has increased by 9.5% over the past 5 years. McDonald, PA is a popular place for families, as children make up 26.3% of the population. The area has a highly educated workforce, with 45.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,200 | 9.5% |
% Under 18 | 26.3% | 7.8% |
% Seniors | 14.9% | -3.9% |
% WFH | 16.9% | 186.4% |
% w/ College Degree | 45.3% | 20.2% |
As of the latest ACS Survey released in 2023, McDonald, PA is a predominantly white area, with 87.0% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in McDonald, PA is asian, making up 8.2% of the population. Foreign-born residents account for 7.3% of the population in McDonald, PA, and this percentage has increased by 108.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.0% | -5.2% |
% Black | 0.8% | -20.0% |
% Hispanic | 1.2% | 9.1% |
% Asian | 8.2% | 70.8% |
% Foreign Born | 7.3% | 108.6% |
Mortgage and Risk — McDonald, PA
According to HUD data as of 2023, there were 760 mortgage originations in McDonald, PA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in McDonald, PA. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 760 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — McDonald, PA
As of 2024, the percent of homes in McDonald, PA under the Section 8 program is 1.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in McDonald, PA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 60 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $650 | $990 |
| 2 Bedroom | -$460 | $1,650 | $1,190 |
| 3 Bedroom | -$130 | $1,650 | $1,520 |
| 4 Bedroom | -$1,750 | $3,380 | $1,630 |
Affordability — McDonald, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $385,000 |
| Median Household Income | $113,000 |