Connellsville, PA—15425
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Connellsville, PA
As of Oct '25, the median home price in Connellsville, PA is $143,000, with a year-over-year change of -1.7%. This indicates that home prices in Connellsville, PA are decreasing. According to Zillow, the 1-year price projection is -1.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $143,000 | -1.7% |
| Single Family | $143,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $80,000 | -11.1% |
2 Bed | $116,000 | -4.1% |
3 Bed | $161,000 | 0.0% |
4 Bed | $176,000 | -0.6% |
| 5 Bed | $196,000 | -1.5% |
% of Housing Stock
Rental Trends — Connellsville, PA
As of July '25, Rentcast reports the average rent in Connellsville, PA is $875, with a year-over-year rent change of 8.0%. Per bedroom, the median rent as of July '25 in Connellsville, PA is 1-bedrooms: $762, 2-bedrooms: $1,250, 3-bedrooms: $725. The most common rental property sizes in Connellsville, PA are 2-bedroom and 1-bedroom, accounting for 43.5% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $725 | $875 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $725 | $762 |
| 2 Bed Rent | $1,250 | $1,250 |
| 3 Bed Rent | $725 | $725 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Connellsville, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Connellsville, PA is 58. This is a increase of 49.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $157,000 | 1.0% |
Listing Count | 40 | -28.0% |
| Listings as % of Homes | 0.5% | -28.0% |
Days on Market | 58 | 49.0% |
Demographics — Connellsville, PA
As of the latest ACS Survey released in 2023, Connellsville, PA has a population of 17,800, which has decreased by -6.5% over the past 5 years. Connellsville, PA is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,800 | -6.5% |
% Under 18 | 20.3% | -1.9% |
% Seniors | 22.1% | 19.5% |
% WFH | 8.2% | 215.4% |
% w/ College Degree | 18.5% | 2.2% |
As of the latest ACS Survey released in 2023, Connellsville, PA is a predominantly white area, with 92.9% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Connellsville, PA is black, making up 1.1% of the population. Foreign-born residents account for 0.8% of the population in Connellsville, PA, and this percentage has decreased by 33.3% 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 | 92.9% | -1.4% |
% Black | 1.1% | -42.1% |
% Hispanic | 0.3% | -75.0% |
% Asian | 0.6% | 100.0% |
% Foreign Born | 0.8% | -33.3% |
Mortgage and Risk — Connellsville, PA
According to HUD data as of 2023, there were 266 mortgage originations in Connellsville, PA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Connellsville, PA. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 266 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Connellsville, PA
Connellsville, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 492 |
Total Units Section 8 | 285 |
% Rentals under Section 8 | 12.5% |
% Occupied Section 8 | 82.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $65 | $725 | $790 |
| 2 Bedroom | -$300 | $1,250 | $950 |
| 3 Bedroom | $485 | $725 | $1,210 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Connellsville, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $143,000 |
| Median Household Income | $53,900 |