Jeannette, PA—15644
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jeannette, PA
As of Oct '25, the median home price in Jeannette, PA is $178,000, with a year-over-year change of 3.5%. This indicates that home prices in Jeannette, PA are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $178,000 | 3.5% |
| Single Family | $177,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $136,000 | 0.0% |
3 Bed | $222,000 | 2.3% |
4 Bed | $353,000 | 2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Jeannette, PA
As of July '25, Rentcast reports the average rent in Jeannette, PA is $1,130, with a year-over-year rent change of -10.3%. Per bedroom, the median rent as of July '25 in Jeannette, PA is 1-bedrooms: $732, 2-bedrooms: $892, 3-bedrooms: $1,390, 4-bedrooms: $1,610. The most common rental property sizes in Jeannette, PA are 2-bedroom and 3-bedroom, accounting for 48.1% and 21.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $999 | $1,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $732 |
| 2 Bed Rent | $850 | $892 |
| 3 Bed Rent | $1,300 | $1,390 |
| 4 Bed Rent | $1,600 | $1,610 |
% of Rental Stock
Property Listings — Jeannette, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Jeannette, PA is 64. This is a increase of 9.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $230,000 | 32.0% |
Listing Count | 90 | 43.0% |
| Listings as % of Homes | 0.7% | 43.0% |
Days on Market | 64 | 9.0% |
Demographics — Jeannette, PA
As of the latest ACS Survey released in 2023, Jeannette, PA has a population of 18,700, which has remained stable by -0.2% over the past 5 years. Jeannette, PA is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,700 | -0.2% |
% Under 18 | 18.5% | 0.0% |
% Seniors | 23.2% | 14.3% |
% WFH | 12.2% | 229.7% |
% w/ College Degree | 28.1% | 8.5% |
As of the latest ACS Survey released in 2023, Jeannette, PA is a predominantly white area, with 86.5% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Jeannette, PA is black, making up 5.1% of the population. Foreign-born residents account for 2.0% of the population in Jeannette, PA, and this percentage has increased by 42.9% 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 | 86.5% | -4.8% |
% Black | 5.1% | 4.1% |
% Hispanic | 3.4% | 580.0% |
% Asian | 0.6% | -25.0% |
% Foreign Born | 2.0% | 42.9% |
Mortgage and Risk — Jeannette, PA
According to HUD data as of 2023, there were 431 mortgage originations in Jeannette, PA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Jeannette, 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 | 431 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Jeannette, PA
As of 2024, the percent of homes in Jeannette, PA under the Section 8 program is 15.3%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Jeannette, PA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 401 |
Total Units Section 8 | 300 |
% Rentals under Section 8 | 15.3% |
% Occupied Section 8 | 85.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $750 | $970 |
| 2 Bedroom | $310 | $850 | $1,160 |
| 3 Bedroom | $180 | $1,300 | $1,480 |
| 4 Bedroom | -$10 | $1,600 | $1,590 |
Affordability — Jeannette, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $178,000 |
| Median Household Income | $64,600 |