Latrobe, PA—15650
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Latrobe, PA
As of Oct '25, the median home price in Latrobe, PA is $202,000, with a year-over-year change of -0.0%. This indicates that home prices in Latrobe, PA are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $202,000 | -0.0% |
| Single Family | $201,000 | 0.0% |
| Condos | $286,000 | 0.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $170,000 | 3.0% |
3 Bed | $231,000 | 2.7% |
4 Bed | $329,000 | 0.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Latrobe, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Latrobe, PA is 48. This is a increase of 24.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $234,000 | 16.0% |
Listing Count | 99 | 40.0% |
| Listings as % of Homes | 0.4% | 40.0% |
Days on Market | 48 | 24.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Latrobe, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $202,000 |
| Median Household Income | $63,300 |