Coraopolis, PA—15108
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Coraopolis, PA
As of Oct '25, the median home price in Coraopolis, PA is $295,000, with a year-over-year change of 3.7%. This indicates that home prices in Coraopolis, PA are increasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | 3.7% |
| Single Family | $306,000 | 3.7% |
| Condos | $151,000 | 2.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $96,000 | 1.1% |
2 Bed | $159,000 | 1.9% |
3 Bed | $278,000 | 3.7% |
4 Bed | $447,000 | 5.2% |
| 5 Bed | $519,000 | 4.6% |
% of Housing Stock
Rental Trends — Coraopolis, PA
As of July '25, Rentcast reports the average rent in Coraopolis, PA is $1,470, with a year-over-year rent change of 10.5%. Per bedroom, the median rent as of July '25 in Coraopolis, PA is studios: $840, 1-bedrooms: $991, 2-bedrooms: $1,190, 3-bedrooms: $2,160, 4-bedrooms: $3,250. The most common rental property sizes in Coraopolis, PA are 2-bedroom and 1-bedroom, accounting for 38.4% and 35.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,120 | $1,470 |
| Studio Rent | $810 | $840 |
| 1 Bed Rent | $950 | $991 |
| 2 Bed Rent | $1,100 | $1,190 |
| 3 Bed Rent | $2,100 | $2,160 |
| 4 Bed Rent | $2,850 | $3,250 |
% of Rental Stock
Property Listings — Coraopolis, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Coraopolis, PA is 50. This is a increase of 39.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $304,000 | -8.0% |
Listing Count | 140 | 22.0% |
| Listings as % of Homes | 0.4% | 22.0% |
Days on Market | 50 | 39.0% |
Demographics — Coraopolis, PA
As of the latest ACS Survey released in 2023, Coraopolis, PA has a population of 42,800, which has increased by 3.0% over the past 5 years. Coraopolis, PA is a moderately popular place for families, as children make up 19.0% of the population. The area has a highly educated workforce, with 47.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,800 | 3.0% |
% Under 18 | 19.0% | -3.6% |
% Seniors | 20.0% | 23.5% |
% WFH | 17.7% | 234.0% |
% w/ College Degree | 47.1% | 3.7% |
As of the latest ACS Survey released in 2023, Coraopolis, PA is a predominantly white area, with 85.2% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Coraopolis, PA is black, making up 4.9% of the population. Foreign-born residents account for 5.5% of the population in Coraopolis, PA, and this percentage has decreased by 26.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.2% | 0.0% |
% Black | 4.9% | -23.4% |
% Hispanic | 1.9% | 35.7% |
% Asian | 3.6% | -5.3% |
% Foreign Born | 5.5% | -26.7% |
Mortgage and Risk — Coraopolis, PA
According to HUD data as of 2023, there were 797 mortgage originations in Coraopolis, PA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Coraopolis, PA. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 797 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Coraopolis, PA
As of 2024, the percent of homes in Coraopolis, PA under the Section 8 program is 9.1%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Coraopolis, PA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 604 |
Total Units Section 8 | 501 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $950 | $1,130 |
| 2 Bedroom | $260 | $1,100 | $1,360 |
| 3 Bedroom | -$370 | $2,100 | $1,730 |
| 4 Bedroom | -$980 | $2,850 | $1,870 |
Affordability — Coraopolis, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $295,000 |
| Median Household Income | $94,700 |