Monroeville, PA 15146 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Monroeville, PA—15146

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$234,000

2.0% YoY Growth

Household Income

$78,300

26.5% YoY Growth

Days on Market

3.0% Shorter YoY

Home Price Forecast

-1.1%

Median Rent

$1,700

3.0% YoY Growth

1-Bed Rent

$1,040

2.9% YoY Growth

2-Bed Rent

$1,650

26.9% YoY Growth

3-Bed Rent

$1,840

1.6% YoY Growth

Home Price Trends — Monroeville, PA

As of May '26, the median home price in Monroeville, PA is $234,000, with a year-over-year change of 2.0%. This indicates that home prices in Monroeville, 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	$234,000	2.0%
Single Family	$234,000	1.7%
Condos	$234,000	3.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Monroeville, PA

As of July '25, Rentcast reports the average rent in Monroeville, PA is $1,620, with a year-over-year rent change of -3.0%. Per bedroom, the median rent as of July '25 in Monroeville, PA is studios: $1,220, 1-bedrooms: $1,060, 2-bedrooms: $1,700, 3-bedrooms: $1,860, 4-bedrooms: $2,040. The most common rental property sizes in Monroeville, PA are 2-bedroom and 1-bedroom, accounting for 47.0% and 29.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,700	$1,620
Studio Rent	$940	$1,220
1 Bed Rent	$1,040	$1,060
2 Bed Rent	$1,650	$1,700
3 Bed Rent	$1,840	$1,860
4 Bed Rent	$1,900	$2,040

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% of Rental Stock

Studio

8.0%

1 Bedroom

29.8%

2 Bedrooms

47.0%

3 Bedrooms

11.9%

4 Bedrooms

1.8%

5+ Bedrooms

1.6%

Property Listings — Monroeville, PA

As of May '26, Realtor.com reports that the median days on market for a home in Monroeville, PA is 47. This is a decrease of -3.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$267,000	1.0%
Listing Count	89	9.0%
Listings as % of Homes	0.4%	9.0%
Days on Market	47	-3.0%

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Demographics — Monroeville, PA

As of the latest ACS Survey released in 2023, Monroeville, PA has a population of 28,400, which has increased by 1.9% over the past 5 years. Monroeville, PA is a moderately popular place for families, as children make up 19.0% of the population. The area has a highly educated workforce, with 45.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	28,400	1.9%
% Under 18	19.0%	9.8%
% Seniors	22.3%	-0.4%
% WFH	21.3%	232.8%
% w/ College Degree	45.8%	11.7%

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As of the latest ACS Survey released in 2023, Monroeville, PA is a predominantly white area, with 69.7% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Monroeville, PA is black, making up 15.4% of the population. Foreign-born residents account for 9.2% of the population in Monroeville, PA, and this percentage has increased by 29.6% 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	69.7%	-6.4%
% Black	15.4%	19.4%
% Hispanic	4.2%	75.0%
% Asian	5.6%	-11.1%
% Foreign Born	9.2%	29.6%

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Mortgage and Risk — Monroeville, PA

According to HUD data as of 2023, there were 533 mortgage originations in Monroeville, PA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Monroeville, PA. Investor activity is low, as 1.0% 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	533
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Monroeville, PA

As of 2024, the percent of homes in Monroeville, PA under the Section 8 program is 9.9%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Monroeville, PA, because HUD payments exceed market rent, while 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD	487
Total Units Section 8	478
% Rentals under Section 8	9.9%
% Occupied Section 8	84.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$200	$1,040	$1,240
2 Bedroom	-$160	$1,650	$1,490
3 Bedroom	$60	$1,840	$1,900
4 Bedroom	$150	$1,900	$2,050

Monroeville, PA—15146

Key Metrics at a Glance

Home Price Trends — Monroeville, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monroeville, PA

% of Rental Stock

Property Listings — Monroeville, PA

Demographics — Monroeville, PA

Race and Ethnicity

Mortgage and Risk — Monroeville, PA

Mortgages

Rentals and Section 8 — Monroeville, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Monroeville, PA

Home Price to Income Ratio

Monroeville, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Pitcairn, PA

Wilmerding, PA

Trafford, PA

Plum, Pittsburgh, PA

East Mc Keesport, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$234,000
Median Household Income	$78,300

Monroeville, PA—15146

Key Metrics at a Glance

Home Price Trends — Monroeville, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monroeville, PA

% of Rental Stock

Property Listings — Monroeville, PA

Demographics — Monroeville, PA

Race and Ethnicity

Mortgage and Risk — Monroeville, PA

Mortgages

Rentals and Section 8 — Monroeville, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Monroeville, PA

Home Price to Income Ratio

Monroeville, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Pitcairn, PA

Wilmerding, PA

Trafford, PA

Plum, Pittsburgh, PA

East Mc Keesport, PA

Frequently Asked Questions

What is the average home price in Monroeville, PA 15146?

How have home prices in Monroeville, PA 15146 changed over the past year?

What is the home price projection for Monroeville, PA 15146?

What are the demographics of Monroeville, PA 15146?

How long does it take homes to sell in Monroeville, PA 15146?

What is the average rent price in Monroeville, PA 15146?