McKeesport, PA—15132
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — McKeesport, PA
As of Oct '25, the median home price in McKeesport, PA is $69,000, with a year-over-year change of -4.1%. This indicates that home prices in McKeesport, PA are decreasing. According to Zillow, the 1-year price projection is -2.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $69,000 | -4.1% |
| Single Family | $69,000 | -2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $58,000 | -4.9% |
3 Bed | $79,000 | -2.5% |
4 Bed | $86,000 | -2.3% |
| 5 Bed | $88,000 | -8.3% |
% of Housing Stock
Rental Trends — McKeesport, PA
As of July '25, Rentcast reports the average rent in McKeesport, PA is $1,080, with a year-over-year rent change of 8.0%. Per bedroom, the median rent as of July '25 in McKeesport, PA is 1-bedrooms: $861, 2-bedrooms: $1,010, 3-bedrooms: $1,240, 4-bedrooms: $1,400. The most common rental property sizes in McKeesport, PA are 2-bedroom and 1-bedroom, accounting for 35.1% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,090 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $795 | $861 |
| 2 Bed Rent | $975 | $1,010 |
| 3 Bed Rent | $1,200 | $1,240 |
| 4 Bed Rent | $1,400 | $1,400 |
% of Rental Stock
Property Listings — McKeesport, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in McKeesport, PA is 82. This is a increase of 41.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $82,400 | -1.0% |
Listing Count | 98 | -2.0% |
| Listings as % of Homes | 0.7% | -2.0% |
Days on Market | 82 | 41.0% |
Demographics — McKeesport, PA
As of the latest ACS Survey released in 2023, McKeesport, PA has a population of 19,100, which has decreased by -10.4% over the past 5 years. McKeesport, PA is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 12.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,100 | -10.4% |
% Under 18 | 22.4% | 13.7% |
% Seniors | 20.5% | -1.0% |
% WFH | 8.8% | 576.9% |
% w/ College Degree | 12.1% | -6.2% |
As of the latest ACS Survey released in 2023, McKeesport, PA is a predominantly white area, with 50.2% of the population identifying as white. The white population has shrunk by 19.7% in the last 5 years. The second most common race or ethnicity in McKeesport, PA is black, making up 35.8% of the population. Foreign-born residents account for 2.0% of the population in McKeesport, PA, and this percentage has increased by 5.3% 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 | 50.2% | -19.7% |
% Black | 35.8% | 16.2% |
% Hispanic | 4.1% | 78.3% |
% Asian | 1.0% | 66.7% |
% Foreign Born | 2.0% | 5.3% |
Mortgage and Risk — McKeesport, PA
According to HUD data as of 2023, there were 178 mortgage originations in McKeesport, PA, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in McKeesport, PA. Investor activity is low, as 8.0% 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 | 178 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — McKeesport, PA
As of 2024, the percent of homes in McKeesport, PA under the Section 8 program is 20.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In McKeesport, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,854 |
Total Units Section 8 | 914 |
% Rentals under Section 8 | 20.2% |
% Occupied Section 8 | 79.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $85 | $795 | $880 |
| 2 Bedroom | $75 | $975 | $1,050 |
| 3 Bedroom | $140 | $1,200 | $1,340 |
| 4 Bedroom | $40 | $1,400 | $1,440 |
Affordability — McKeesport, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $69,000 |
| Median Household Income | $32,200 |