McKeesport, PA—15133
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 $116,000, with a year-over-year change of -5.1%. This indicates that home prices in McKeesport, PA are decreasing. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $116,000 | -5.1% |
| Single Family | $116,000 | -4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $96,000 | -8.6% |
3 Bed | $130,000 | -5.1% |
4 Bed | $141,000 | -4.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — McKeesport, PA
As of July '25, Rentcast reports the average rent in McKeesport, PA is $962, with a year-over-year rent change of 0.3%. Per bedroom, the median rent as of July '25 in McKeesport, PA is 1-bedrooms: $562, 2-bedrooms: $909, 3-bedrooms: $1,420, 4-bedrooms: $1,200. The most common rental property sizes in McKeesport, PA are 2-bedroom and 3-bedroom, accounting for 61.4% and 21.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $962 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $400 | $562 |
| 2 Bed Rent | $895 | $909 |
| 3 Bed Rent | $1,220 | $1,420 |
| 4 Bed Rent | $1,200 | $1,200 |
% 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 55. This is a increase of 44.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $127,000 | 4.0% |
Listing Count | 21 | 3.0% |
| Listings as % of Homes | 0.9% | 3.0% |
Days on Market | 55 | 44.0% |
Demographics — McKeesport, PA
As of the latest ACS Survey released in 2023, McKeesport, PA has a population of 6,140, which has decreased by -3.8% over the past 5 years. McKeesport, PA is a moderately popular place for families, as children make up 18.7% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,140 | -3.8% |
% Under 18 | 18.7% | 1.6% |
% Seniors | 21.8% | 6.3% |
% WFH | 10.6% | 381.8% |
% w/ College Degree | 18.8% | 15.3% |
As of the latest ACS Survey released in 2023, McKeesport, PA is a predominantly white area, with 84.4% of the population identifying as white. The white population has shrunk by 9.5% in the last 5 years. The second most common race or ethnicity in McKeesport, PA is black, making up 4.1% of the population. Foreign-born residents account for 0.2% of the population in McKeesport, PA, and this percentage has decreased by 90.0% 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 | 84.4% | -9.5% |
% Black | 4.1% | 115.8% |
% Hispanic | 3.0% | 100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.2% | -90.0% |
Mortgage and Risk — McKeesport, PA
According to HUD data as of 2023, there were 128 mortgage originations in McKeesport, PA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in McKeesport, PA. Investor activity is low, as 3.0% 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 | 128 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% 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 7.7%. 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. 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 | 65 |
Total Units Section 8 | 65 |
% Rentals under Section 8 | 7.7% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $580 | $400 | $980 |
| 2 Bedroom | $285 | $895 | $1,180 |
| 3 Bedroom | $280 | $1,220 | $1,500 |
| 4 Bedroom | $420 | $1,200 | $1,620 |
Affordability — McKeesport, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $116,000 |
| Median Household Income | $66,600 |