Indiana, PA—15701
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Indiana, PA
As of Oct '25, the median home price in Indiana, PA is $190,000, with a year-over-year change of 4.9%. This indicates that home prices in Indiana, PA are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $190,000 | 4.9% |
| Single Family | $188,000 | 4.4% |
| Condos | $235,000 | 8.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $102,000 | 1.0% |
2 Bed | $141,000 | 4.4% |
3 Bed | $196,000 | 5.4% |
4 Bed | $258,000 | 4.5% |
| 5 Bed | $293,000 | 2.8% |
% of Housing Stock
Rental Trends — Indiana, PA
As of July '25, Rentcast reports the average rent in Indiana, PA is $888, with a year-over-year rent change of -36.6%. Per bedroom, the median rent as of July '25 in Indiana, PA is studios: $792, 1-bedrooms: $563, 2-bedrooms: $1,100, 3-bedrooms: $1,100, 4-bedrooms: $1,260. The most common rental property sizes in Indiana, PA are 2-bedroom and 1-bedroom, accounting for 36.5% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $695 | $888 |
| Studio Rent | $675 | $792 |
| 1 Bed Rent | $575 | $563 |
| 2 Bed Rent | $975 | $1,100 |
| 3 Bed Rent | $1,100 | $1,100 |
| 4 Bed Rent | $1,200 | $1,260 |
% of Rental Stock
Property Listings — Indiana, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Indiana, PA is 58. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $219,000 | 1.0% |
Listing Count | 69 | 2.0% |
| Listings as % of Homes | 0.4% | 2.0% |
Days on Market | 58 | 1.0% |
Demographics — Indiana, PA
As of the latest ACS Survey released in 2023, Indiana, PA has a population of 31,200, which has decreased by -8.6% over the past 5 years. Indiana, PA is a moderately popular place for families, as children make up 16.0% of the population. The area has a moderately educated workforce, with 40.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,200 | -8.6% |
% Under 18 | 16.0% | 20.3% |
% Seniors | 20.3% | 26.1% |
% WFH | 6.8% | 119.4% |
% w/ College Degree | 40.9% | 12.7% |
As of the latest ACS Survey released in 2023, Indiana, PA is a predominantly white area, with 89.3% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Indiana, PA is black, making up 3.9% of the population. Foreign-born residents account for 4.4% of the population in Indiana, PA, and this percentage has increased by 33.3% 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 | 89.3% | 0.7% |
% Black | 3.9% | -23.5% |
% Hispanic | 1.9% | -5.0% |
% Asian | 1.5% | -28.6% |
% Foreign Born | 4.4% | 33.3% |
Mortgage and Risk — Indiana, PA
According to HUD data as of 2023, there were 428 mortgage originations in Indiana, PA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Indiana, PA. Investor activity is low, as 3.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 428 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Indiana, PA
Indiana, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 607 |
Total Units Section 8 | 607 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 84.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $225 | $575 | $800 |
| 2 Bedroom | -$65 | $975 | $910 |
| 3 Bedroom | $130 | $1,100 | $1,230 |
| 4 Bedroom | $190 | $1,200 | $1,390 |
Affordability — Indiana, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $190,000 |
| Median Household Income | $56,500 |