Crafton, PA 15205 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Crafton, PA—15205

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$212,000

0.0% YoY Growth

Household Income

$71,000

24.0% YoY Growth

Days on Market

13.0% Shorter YoY

Home Price Forecast

-0.8%

Median Rent

$1,140

13.7% YoY Growth

1-Bed Rent

$1,100

38.3% YoY Growth

2-Bed Rent

$1,100

3.3% YoY Growth

3-Bed Rent

$1,300

10.5% YoY Growth

Home Price Trends — Crafton, PA

As of May '26, the median home price in Crafton, PA is $212,000, with a year-over-year change of 0.0%. This indicates that home prices in Crafton, PA are flat. 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	$212,000	0.0%
Single Family	$218,000	-0.5%
Condos	$178,000	1.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Crafton, PA

As of July '25, Rentcast reports the average rent in Crafton, PA is $1,330, with a year-over-year rent change of 13.7%. Per bedroom, the median rent as of July '25 in Crafton, PA is studios: $675, 1-bedrooms: $1,160, 2-bedrooms: $1,240, 3-bedrooms: $1,360, 4-bedrooms: $3,000. The most common rental property sizes in Crafton, PA are 2-bedroom and 1-bedroom, accounting for 45.0% and 33.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,140	$1,330
Studio Rent	$675	$675
1 Bed Rent	$1,100	$1,160
2 Bed Rent	$1,100	$1,240
3 Bed Rent	$1,300	$1,360
4 Bed Rent	$2,800	$3,000

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% of Rental Stock

Studio

4.6%

1 Bedroom

33.5%

2 Bedrooms

45.0%

3 Bedrooms

14.2%

4 Bedrooms

2.4%

5+ Bedrooms

0.3%

Property Listings — Crafton, PA

As of May '26, Realtor.com reports that the median days on market for a home in Crafton, PA is 36. This is a decrease of -13.0% 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 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	$252,000	11.0%
Listing Count	64	-15.0%
Listings as % of Homes	0.5%	-15.0%
Days on Market	36	-13.0%

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Demographics — Crafton, PA

As of the latest ACS Survey released in 2023, Crafton, PA has a population of 24,100, which has increased by 8.1% over the past 5 years. Crafton, PA is a moderately popular place for families, as children make up 19.0% of the population. The area has a moderately educated workforce, with 40.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	24,100	8.1%
% Under 18	19.0%	1.6%
% Seniors	16.6%	16.9%
% WFH	15.2%	270.7%
% w/ College Degree	40.2%	9.5%

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As of the latest ACS Survey released in 2023, Crafton, PA is a predominantly white area, with 74.7% of the population identifying as white. The white population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in Crafton, PA is black, making up 12.3% of the population. Foreign-born residents account for 7.0% of the population in Crafton, PA, and this percentage has decreased by 1.4% 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	74.7%	-8.7%
% Black	12.3%	12.8%
% Hispanic	4.3%	138.9%
% Asian	4.9%	44.1%
% Foreign Born	7.0%	-1.4%

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Mortgage and Risk — Crafton, PA

According to HUD data as of 2023, there were 511 mortgage originations in Crafton, PA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Crafton, PA. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	511
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Crafton, PA

As of 2024, the percent of homes in Crafton, PA under the Section 8 program is 13.2%. 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 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Crafton, PA, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	831
Total Units Section 8	826
% Rentals under Section 8	13.2%
% Occupied Section 8	78.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$150	$1,100	$1,250
2 Bedroom	$400	$1,100	$1,500
3 Bedroom	$610	$1,300	$1,910
4 Bedroom	-$740	$2,800	$2,060

Crafton, PA—15205

Key Metrics at a Glance

Home Price Trends — Crafton, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Crafton, PA

% of Rental Stock

Property Listings — Crafton, PA

Demographics — Crafton, PA

Race and Ethnicity

Mortgage and Risk — Crafton, PA

Mortgages

Rentals and Section 8 — Crafton, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Crafton, PA

Home Price to Income Ratio

Crafton, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Carnegie, PA

McKees Rocks, PA

Sheraden, Pittsburgh, PA

Presto, PA

Green Tree, Pittsburgh, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$212,000
Median Household Income	$71,000

Crafton, PA—15205

Key Metrics at a Glance

Home Price Trends — Crafton, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Crafton, PA

% of Rental Stock

Property Listings — Crafton, PA

Demographics — Crafton, PA

Race and Ethnicity

Mortgage and Risk — Crafton, PA

Mortgages

Rentals and Section 8 — Crafton, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Crafton, PA

Home Price to Income Ratio

Crafton, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Carnegie, PA

McKees Rocks, PA

Sheraden, Pittsburgh, PA

Presto, PA

Green Tree, Pittsburgh, PA

Frequently Asked Questions

What is the average home price in Crafton, PA 15205?

How have home prices in Crafton, PA 15205 changed over the past year?

What is the home price projection for Crafton, PA 15205?

What are the demographics of Crafton, PA 15205?

How long does it take homes to sell in Crafton, PA 15205?

What is the average rent price in Crafton, PA 15205?