Latrobe, PA 15650 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Latrobe, PA—15650

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$208,000

0.4% YoY Growth

Household Income

$63,300

10.1% YoY Growth

Days on Market

8.0% Shorter YoY

Home Price Forecast

-2.1%

Median Rent

$950

1.2% YoY Growth

1-Bed Rent

$750

2.3% YoY Growth

2-Bed Rent

$950

7.7% YoY Growth

3-Bed Rent

$975

25.2% YoY Growth

Home Price Trends — Latrobe, PA

As of May '26, the median home price in Latrobe, PA is $208,000, with a year-over-year change of 0.4%. This indicates that home prices in Latrobe, PA are flat. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$208,000	0.4%
Single Family	$207,000	-1.0%
Condos	$288,000	4.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Latrobe, PA

As of July '25, Rentcast reports the average rent in Latrobe, PA is $952, with a year-over-year rent change of -1.2%. Per bedroom, the median rent as of July '25 in Latrobe, PA is 1-bedrooms: $750, 2-bedrooms: $960, 3-bedrooms: $1,010. The most common rental property sizes in Latrobe, PA are 2-bedroom and 3-bedroom, accounting for 41.0% and 29.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$950	$952
Studio Rent	N/A	N/A
1 Bed Rent	$750	$750
2 Bed Rent	$950	$960
3 Bed Rent	$975	$1,010
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.6%

1 Bedroom

20.7%

2 Bedrooms

41.0%

3 Bedrooms

29.4%

4 Bedrooms

4.6%

5+ Bedrooms

0.8%

Property Listings — Latrobe, PA

As of May '26, Realtor.com reports that the median days on market for a home in Latrobe, PA is 37. This is a decrease of -8.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$225,000	0.0%
Listing Count	90	3.0%
Listings as % of Homes	0.4%	3.0%
Days on Market	37	-8.0%

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Demographics — Latrobe, PA

As of the latest ACS Survey released in 2023, Latrobe, PA has a population of 27,400, which has increased by 1.4% over the past 5 years. Latrobe, PA is a moderately popular place for families, as children make up 17.0% of the population. The area has a moderately educated workforce, with 30.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	27,400	1.4%
% Under 18	17.0%	-7.6%
% Seniors	23.3%	5.4%
% WFH	7.3%	128.1%
% w/ College Degree	30.2%	14.8%

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As of the latest ACS Survey released in 2023, Latrobe, PA is a predominantly white area, with 95.1% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Latrobe, PA is black, making up 0.9% of the population. Foreign-born residents account for 1.3% of the population in Latrobe, PA, and this percentage has increased by 44.4% 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	95.1%	0.1%
% Black	0.9%	-30.8%
% Hispanic	0.4%	-20.0%
% Asian	0.8%	-38.5%
% Foreign Born	1.3%	44.4%

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Mortgage and Risk — Latrobe, PA

According to HUD data as of 2023, there were 448 mortgage originations in Latrobe, PA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Latrobe, PA. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	448
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Latrobe, PA

Latrobe, PA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	545
Total Units Section 8	348
% Rentals under Section 8	10.9%
% Occupied Section 8	88.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$200	$750	$950
2 Bedroom	$190	$950	$1,140
3 Bedroom	$475	$975	$1,450
4 Bedroom	N/A	N/A	$1,570

Latrobe, PA—15650

Key Metrics at a Glance

Home Price Trends — Latrobe, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Latrobe, PA

% of Rental Stock

Property Listings — Latrobe, PA

Demographics — Latrobe, PA

Race and Ethnicity

Mortgage and Risk — Latrobe, PA

Mortgages

Rentals and Section 8 — Latrobe, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Latrobe, PA

Home Price to Income Ratio

Latrobe, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Youngstown

Whitney

Loyalhanna, PA

Bradenville, PA

Pleasant Unity

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$208,000
Median Household Income	$63,300

Latrobe, PA—15650

Key Metrics at a Glance

Home Price Trends — Latrobe, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Latrobe, PA

% of Rental Stock

Property Listings — Latrobe, PA

Demographics — Latrobe, PA

Race and Ethnicity

Mortgage and Risk — Latrobe, PA

Mortgages

Rentals and Section 8 — Latrobe, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Latrobe, PA

Home Price to Income Ratio

Latrobe, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Youngstown

Whitney

Loyalhanna, PA

Bradenville, PA

Pleasant Unity

Frequently Asked Questions

What is the average home price in Latrobe, PA 15650?

How have home prices in Latrobe, PA 15650 changed over the past year?

What is the home price projection for Latrobe, PA 15650?

What are the demographics of Latrobe, PA 15650?

How long does it take homes to sell in Latrobe, PA 15650?

What is the average rent price in Latrobe, PA 15650?