Monroeville, PA—15146
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Monroeville, PA
As of Oct '25, the median home price in Monroeville, PA is $224,000, with a year-over-year change of 2.2%. This indicates that home prices in Monroeville, PA are increasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $224,000 | 2.2% |
| Single Family | $223,000 | 1.8% |
| Condos | $226,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $168,000 | 2.4% |
3 Bed | $212,000 | 2.4% |
4 Bed | $306,000 | 2.0% |
| 5 Bed | $339,000 | 0.9% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Monroeville, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Monroeville, PA is 47. This is a decrease of -10.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $280,000 | 15.0% |
Listing Count | 103 | 3.0% |
| Listings as % of Homes | 0.4% | 3.0% |
Days on Market | 47 | -10.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Monroeville, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $224,000 |
| Median Household Income | $78,300 |