South Park, PA 15129 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

South Park, PA—15129

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$282,000

2.0% YoY Growth

Household Income

$90,800

31.9% YoY Growth

Days on Market

18.0% Shorter YoY

Home Price Forecast

-1.1%

Median Rent

$1,460

23.7% YoY Growth

1-Bed Rent

$1,130

28.2% YoY Growth

2-Bed Rent

$1,500

5.6% YoY Growth

3-Bed Rent

$2,000

16.2% YoY Growth

Home Price Trends — South Park, PA

As of May '26, the median home price in South Park, PA is $282,000, with a year-over-year change of 2.0%. This indicates that home prices in South Park, PA are increasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$282,000	2.0%
Single Family	$287,000	2.1%
Condos	$214,000	5.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — South Park, PA

As of July '25, Rentcast reports the average rent in South Park, PA is $1,620, with a year-over-year rent change of 23.7%. Per bedroom, the median rent as of July '25 in South Park, PA is 1-bedrooms: $1,150, 2-bedrooms: $1,320, 3-bedrooms: $2,180, 4-bedrooms: $3,300. The most common rental property sizes in South Park, PA are 2-bedroom and 1-bedroom, accounting for 54.2% and 22.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,460	$1,620
Studio Rent	N/A	N/A
1 Bed Rent	$1,130	$1,150
2 Bed Rent	$1,500	$1,320
3 Bed Rent	$2,000	$2,180
4 Bed Rent	$3,300	$3,300

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% of Rental Stock

Studio

2.9%

1 Bedroom

22.2%

2 Bedrooms

54.2%

3 Bedrooms

19.0%

4 Bedrooms

1.7%

Property Listings — South Park, PA

As of May '26, Realtor.com reports that the median days on market for a home in South Park, PA is 41. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$290,000	-3.0%
Listing Count	41	26.0%
Listings as % of Homes	0.5%	26.0%
Days on Market	41	-18.0%

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Demographics — South Park, PA

As of the latest ACS Survey released in 2023, South Park, PA has a population of 10,600, which has increased by 1.2% over the past 5 years. South Park, PA is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 41.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,600	1.2%
% Under 18	20.2%	0.0%
% Seniors	21.6%	17.4%
% WFH	19.2%	231.0%
% w/ College Degree	41.8%	8.6%

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As of the latest ACS Survey released in 2023, South Park, PA is a predominantly white area, with 91.5% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in South Park, PA is black, making up 2.5% of the population. Foreign-born residents account for 2.8% of the population in South Park, PA, and this percentage has decreased by 37.8% 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	91.5%	1.9%
% Black	2.5%	-19.4%
% Hispanic	0.6%	-71.4%
% Asian	1.8%	-43.8%
% Foreign Born	2.8%	-37.8%

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Mortgage and Risk — South Park, PA

According to HUD data as of 2023, there were 205 mortgage originations in South Park, PA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in South Park, PA. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	205
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — South Park, PA

As of 2024, the percent of homes in South Park, PA under the Section 8 program is 12.6%. 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 South Park, PA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	148
Total Units Section 8	148
% Rentals under Section 8	12.6%
% Occupied Section 8	83.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$150	$1,130	$1,280
2 Bedroom	$40	$1,500	$1,540
3 Bedroom	-$40	$2,000	$1,960
4 Bedroom	-$1,180	$3,300	$2,120

South Park, PA—15129

Key Metrics at a Glance

Home Price Trends — South Park, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — South Park, PA

% of Rental Stock

Property Listings — South Park, PA

Demographics — South Park, PA

Race and Ethnicity

Mortgage and Risk — South Park, PA

Mortgages

Rentals and Section 8 — South Park, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — South Park, PA

Home Price to Income Ratio

South Park, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Pleasant Hills, Pittsburgh, PA

Bethel Park, PA

Finleyville, PA

Venetia, PA

Clairton, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$282,000
Median Household Income	$90,800

South Park, PA—15129

Key Metrics at a Glance

Home Price Trends — South Park, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — South Park, PA

% of Rental Stock

Property Listings — South Park, PA

Demographics — South Park, PA

Race and Ethnicity

Mortgage and Risk — South Park, PA

Mortgages

Rentals and Section 8 — South Park, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — South Park, PA

Home Price to Income Ratio

South Park, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Pleasant Hills, Pittsburgh, PA

Bethel Park, PA

Finleyville, PA

Venetia, PA

Clairton, PA

Frequently Asked Questions

What is the average home price in South Park, PA 15129?

How have home prices in South Park, PA 15129 changed over the past year?

What is the home price projection for South Park, PA 15129?

What are the demographics of South Park, PA 15129?

How long does it take homes to sell in South Park, PA 15129?

What is the average rent price in South Park, PA 15129?