Carrick, Mount Oliver, PA—15210
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carrick, Mount Oliver, PA
As of Oct '25, the median home price in Carrick, Mount Oliver, PA is $106,000, with a year-over-year change of -2.0%. This indicates that home prices in Carrick, Mount Oliver, PA are decreasing. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $106,000 | -2.0% |
| Single Family | $106,000 | -0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $70,000 | -5.4% |
2 Bed | $88,000 | -4.3% |
3 Bed | $115,000 | 0.0% |
4 Bed | $128,000 | 1.6% |
| 5 Bed | $140,000 | 1.4% |
% of Housing Stock
Rental Trends — Carrick, Mount Oliver, PA
As of July '25, Rentcast reports the average rent in Carrick, Mount Oliver, PA is $1,320, with a year-over-year rent change of 3.1%. Per bedroom, the median rent as of July '25 in Carrick, Mount Oliver, PA is studios: $975, 1-bedrooms: $956, 2-bedrooms: $1,150, 3-bedrooms: $1,500, 4-bedrooms: $1,630. The most common rental property sizes in Carrick, Mount Oliver, PA are 2-bedroom and 3-bedroom, accounting for 39.1% and 23.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,320 |
| Studio Rent | $999 | $975 |
| 1 Bed Rent | $975 | $956 |
| 2 Bed Rent | $1,120 | $1,150 |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | $1,620 | $1,630 |
% of Rental Stock
Property Listings — Carrick, Mount Oliver, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Carrick, Mount Oliver, PA is 59. This is a increase of 3.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $159,000 | 14.0% |
Listing Count | 97 | 10.0% |
| Listings as % of Homes | 0.7% | 10.0% |
Days on Market | 59 | 3.0% |
Demographics — Carrick, Mount Oliver, PA
As of the latest ACS Survey released in 2023, Carrick, Mount Oliver, PA has a population of 25,000, which has decreased by -6.0% over the past 5 years. Carrick, Mount Oliver, PA is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,000 | -6.0% |
% Under 18 | 21.9% | -8.7% |
% Seniors | 14.5% | 23.9% |
% WFH | 11.5% | 283.3% |
% w/ College Degree | 23.1% | 37.5% |
As of the latest ACS Survey released in 2023, Carrick, Mount Oliver, PA is a predominantly white area, with 53.5% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Carrick, Mount Oliver, PA is black, making up 30.1% of the population. Foreign-born residents account for 7.8% of the population in Carrick, Mount Oliver, PA, and this percentage has increased by 66.0% 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 | 53.5% | -9.6% |
% Black | 30.1% | 8.7% |
% Hispanic | 7.4% | 68.2% |
% Asian | 3.2% | -17.9% |
% Foreign Born | 7.8% | 66.0% |
Mortgage and Risk — Carrick, Mount Oliver, PA
According to HUD data as of 2023, there were 268 mortgage originations in Carrick, Mount Oliver, PA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Carrick, Mount Oliver, PA. Investor activity is low, as 9.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 268 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Carrick, Mount Oliver, PA
As of 2024, the percent of homes in Carrick, Mount Oliver, PA under the Section 8 program is 27.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Carrick, Mount Oliver, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,904 |
Total Units Section 8 | 1,489 |
% Rentals under Section 8 | 27.6% |
% Occupied Section 8 | 60.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $115 | $975 | $1,090 |
| 2 Bedroom | $190 | $1,120 | $1,310 |
| 3 Bedroom | $170 | $1,500 | $1,670 |
| 4 Bedroom | $180 | $1,620 | $1,800 |
Affordability — Carrick, Mount Oliver, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $106,000 |
| Median Household Income | $50,800 |