Oakmont, PA—15139
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oakmont, PA
As of Oct '25, the median home price in Oakmont, PA is $335,000, with a year-over-year change of 1.1%. This indicates that home prices in Oakmont, PA are increasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $335,000 | 1.1% |
| Single Family | $344,000 | 0.9% |
| Condos | $287,000 | 5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $214,000 | 0.5% |
3 Bed | $332,000 | 1.2% |
4 Bed | $537,000 | 3.1% |
| 5 Bed | $624,000 | 2.1% |
% of Housing Stock
Rental Trends — Oakmont, PA
As of July '25, Rentcast reports the average rent in Oakmont, PA is $5,410, with a year-over-year rent change of 200.6%. Per bedroom, the median rent as of July '25 in Oakmont, PA is 1-bedrooms: $1,080, 2-bedrooms: $3,790, 3-bedrooms: $8,750, 4-bedrooms: $6,160. The most common rental property sizes in Oakmont, PA are 2-bedroom and 1-bedroom, accounting for 61.9% and 21.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $6,900 | $5,410 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,080 | $1,080 |
| 2 Bed Rent | $1,750 | $3,790 |
| 3 Bed Rent | $8,000 | $8,750 |
| 4 Bed Rent | $6,900 | $6,160 |
% of Rental Stock
Property Listings — Oakmont, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Oakmont, PA is 84. This is a increase of 23.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $608,000 | 3.0% |
Listing Count | 47 | 10.0% |
| Listings as % of Homes | 0.7% | 10.0% |
Days on Market | 84 | 23.0% |
Demographics — Oakmont, PA
As of the latest ACS Survey released in 2023, Oakmont, PA has a population of 6,710, which has increased by 4.1% over the past 5 years. Oakmont, PA is a moderately popular place for families, as children make up 20.0% of the population. The area has a highly educated workforce, with 57.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,710 | 4.1% |
% Under 18 | 20.0% | 37.9% |
% Seniors | 24.5% | -5.8% |
% WFH | 22.9% | 263.5% |
% w/ College Degree | 57.0% | 8.0% |
As of the latest ACS Survey released in 2023, Oakmont, PA is a predominantly white area, with 93.7% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Oakmont, PA is hispanic, making up 2.2% of the population. Foreign-born residents account for 1.0% of the population in Oakmont, PA, and this percentage has decreased by 71.4% 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 | 93.7% | -0.4% |
% Black | 0.7% | -30.0% |
% Hispanic | 2.2% | 57.1% |
% Asian | 0.3% | -84.2% |
% Foreign Born | 1.0% | -71.4% |
Mortgage and Risk — Oakmont, PA
According to HUD data as of 2023, there were 146 mortgage originations in Oakmont, PA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Oakmont, PA. Investor activity is low, as 3.0% 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 | 146 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Oakmont, PA
As of 2024, the percent of homes in Oakmont, PA under the Section 8 program is 7.8%. 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 Oakmont, PA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 115 |
Total Units Section 8 | 115 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $1,080 | $1,080 |
| 2 Bedroom | -$450 | $1,750 | $1,300 |
| 3 Bedroom | -$6,340 | $8,000 | $1,660 |
| 4 Bedroom | -$5,110 | $6,900 | $1,790 |
Affordability — Oakmont, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $335,000 |
| Median Household Income | $89,100 |