Presto, PA—15142
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Presto, PA
As of Oct '25, the median home price in Presto, PA is $668,000, with a year-over-year change of 5.2%. This indicates that home prices in Presto, PA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $668,000 | 5.2% |
| Single Family | $674,000 | 6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $559,000 | 3.3% |
4 Bed | $839,000 | 5.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Presto, PA
As of July '25, Rentcast reports the average rent in Presto, PA is $1,330, with a year-over-year rent change of -54.1%. Per bedroom, the median rent as of July '25 in Presto, PA is 1-bedrooms: $1,330. The most common rental property sizes in Presto, PA are 2-bedroom and 1-bedroom, accounting for 35.4% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,330 | $1,330 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,330 | $1,330 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Presto, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Presto, PA is 35. This is a decrease of -24.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $922,000 | -8.0% |
Listing Count | 11 | 3.0% |
| Listings as % of Homes | 0.7% | 3.0% |
Days on Market | 35 | -24.0% |
Demographics — Presto, PA
As of the latest ACS Survey released in 2023, Presto, PA has a population of 1,620, which has increased by 31.7% over the past 5 years. Presto, PA is a moderately popular place for families, as children make up 17.7% of the population. The area has a highly educated workforce, with 67.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 35.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,620 | 31.7% |
% Under 18 | 17.7% | -16.1% |
% Seniors | 25.8% | 38.0% |
% WFH | 35.1% | 123.6% |
% w/ College Degree | 67.4% | -15.1% |
As of the latest ACS Survey released in 2023, Presto, PA is a predominantly white area, with 82.7% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Presto, PA is black, making up 7.4% of the population. Foreign-born residents account for 4.5% of the population in Presto, PA, and this percentage has decreased by 64.6% 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 | 82.7% | -4.4% |
% Black | 7.4% | ∞% |
% Hispanic | 0.0% | N/A |
% Asian | 4.4% | -48.2% |
% Foreign Born | 4.5% | -64.6% |
Mortgage and Risk — Presto, PA
According to HUD data as of 2023, there were 99 mortgage originations in Presto, PA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Presto, PA. Investor activity is low, as 2.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 99 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Presto, PA
Presto, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $1,330 | $1,600 |
| 2 Bedroom | N/A | N/A | $1,920 |
| 3 Bedroom | N/A | N/A | $2,450 |
| 4 Bedroom | N/A | N/A | $2,640 |
Affordability — Presto, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $668,000 |
| Median Household Income | $105,000 |