Fayette City, PA—15438
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fayette City, PA
As of Oct '25, the median home price in Fayette City, PA is $124,000, with a year-over-year change of -1.6%. This indicates that home prices in Fayette City, PA are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $124,000 | -1.6% |
| Single Family | $124,000 | -1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $82,000 | -6.8% |
3 Bed | $162,000 | 3.2% |
4 Bed | $196,000 | 4.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fayette City, PA
Fayette City, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fayette City, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fayette City, PA is 60. This is a increase of 39.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $70,400 | -78.0% |
Listing Count | 10 | 120.0% |
| Listings as % of Homes | 0.2% | 120.0% |
Days on Market | 60 | 39.0% |
Demographics — Fayette City, PA
As of the latest ACS Survey released in 2023, Fayette City, PA has a population of 2,010, which has remained stable by -0.9% over the past 5 years. Fayette City, PA is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,010 | -0.9% |
% Under 18 | 20.9% | 1.5% |
% Seniors | 15.3% | -44.6% |
% WFH | 12.4% | 275.8% |
% w/ College Degree | 21.8% | 33.7% |
As of the latest ACS Survey released in 2023, Fayette City, PA is a predominantly white area, with 96.6% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Fayette City, PA is hispanic, making up 0.6% of the population. Foreign-born residents account for 0.3% of the population in Fayette City, PA, and this percentage has decreased by 81.2% 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 | 96.6% | -1.9% |
% Black | 0.0% | N/A |
% Hispanic | 0.6% | 500.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.3% | -81.2% |
Mortgage and Risk — Fayette City, PA
According to HUD data as of 2023, there were 26 mortgage originations in Fayette City, PA, of which 73.0% 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 Fayette City, PA. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 26 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Fayette City, PA
Fayette City, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Fayette City, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $124,000 |
| Median Household Income | $50,800 |