Fairchance, PA—15436
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairchance, PA
As of Oct '25, the median home price in Fairchance, PA is $135,000, with a year-over-year change of 2.2%. This indicates that home prices in Fairchance, PA are increasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $135,000 | 2.2% |
| Single Family | $135,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $98,000 | 4.3% |
3 Bed | $169,000 | 2.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fairchance, PA
Fairchance, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,850 | $1,850 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fairchance, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairchance, PA is 34. This is a decrease of -83.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $205,000 | 71.0% |
Listing Count | 2 | -54.0% |
| Listings as % of Homes | 0.2% | -54.0% |
Days on Market | 34 | -83.0% |
Demographics — Fairchance, PA
As of the latest ACS Survey released in 2023, Fairchance, PA has a population of 2,010, which has decreased by -29.2% over the past 5 years. Fairchance, PA is a less popular place for families, as children make up 12.1% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,010 | -29.2% |
% Under 18 | 12.1% | -48.9% |
% Seniors | 27.2% | 70.0% |
% WFH | 4.6% | -43.2% |
% w/ College Degree | 16.7% | 50.5% |
As of the latest ACS Survey released in 2023, Fairchance, PA is a predominantly white area, with 95.9% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Fairchance, PA is black, making up 0.5% of the population. Foreign-born residents account for 0.0% of the population in Fairchance, PA, and this percentage has decreased by 100.0% 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 | 95.9% | 4.1% |
% Black | 0.5% | -90.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Fairchance, PA
According to HUD data as of 2023, there were 93 mortgage originations in Fairchance, PA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Fairchance, PA. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 93 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Fairchance, PA
Fairchance, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 59 |
Total Units Section 8 | 30 |
% Rentals under Section 8 | 9.0% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | N/A | N/A | $1,030 |
| 3 Bedroom | -$540 | $1,850 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Fairchance, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $135,000 |
| Median Household Income | $51,700 |