Penfield, PA 15849 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Penfield, PA—15849

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$108,000

0.3% YoY Growth

Household Income

$59,400

19.3% YoY Growth

Days on Market

218

47.0% Shorter YoY

Home Price Forecast

-3.4%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Penfield, PA

As of Dec '25, the median home price in Penfield, PA is $108,000, with a year-over-year change of -0.3%. This indicates that home prices in Penfield, PA are flat. According to Zillow, the 1-year price projection is -3.4%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$108,000	-0.3%
Single Family	$108,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Penfield, PA

Penfield, 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

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% of Rental Stock

Studio

0.9%

1 Bedroom

12.5%

2 Bedrooms

20.5%

3 Bedrooms

60.7%

4 Bedrooms

5.4%

Property Listings — Penfield, PA

As of Dec '25, Realtor.com reports that the median days on market for a home in Penfield, PA is 103. This is a decrease of -66.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$220,000	124.0%
Listing Count	3	-25.0%
Listings as % of Homes	0.4%	-25.0%
Days on Market	218	-47.0%

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Demographics — Penfield, PA

As of the latest ACS Survey released in 2023, Penfield, PA has a population of 1,280, which has remained stable by 0.3% over the past 5 years. Penfield, PA is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 9.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,280	0.3%
% Under 18	21.8%	-2.2%
% Seniors	25.0%	35.9%
% WFH	13.9%	2,216.7%
% w/ College Degree	9.1%	21.3%

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As of the latest ACS Survey released in 2023, Penfield, PA is a predominantly white area, with 95.3% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Penfield, PA is asian, making up 1.2% of the population. Foreign-born residents account for 0.7% of the population in Penfield, PA, and this percentage has increased by Inf% 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	95.3%	-2.6%
% Black	0.1%	∞%
% Hispanic	0.0%	-100.0%
% Asian	1.2%	∞%
% Foreign Born	0.7%	∞%

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Mortgage and Risk — Penfield, PA

According to HUD data as of 2023, there were 60 mortgage originations in Penfield, PA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Penfield, PA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	60
% Conventional Loans	87.0%
% Government Loans	13.0%
% Investor Loans	2.0%
% Second Loans	3.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Penfield, PA

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

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	2
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$850
2 Bedroom	N/A	N/A	$1,060
3 Bedroom	N/A	N/A	$1,450
4 Bedroom	N/A	N/A	$1,460

Penfield, PA—15849

Key Metrics at a Glance

Home Price Trends — Penfield, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Penfield, PA

% of Rental Stock

Property Listings — Penfield, PA

Demographics — Penfield, PA

Race and Ethnicity

Mortgage and Risk — Penfield, PA

Mortgages

Rentals and Section 8 — Penfield, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Penfield, PA

Home Price to Income Ratio

Penfield, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Force

Rockton, PA

Byrnedale, PA

Clearfield, PA

Kersey, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	$108,000
Median Household Income	$59,400

Penfield, PA—15849

Key Metrics at a Glance

Home Price Trends — Penfield, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Penfield, PA

% of Rental Stock

Property Listings — Penfield, PA

Demographics — Penfield, PA

Race and Ethnicity

Mortgage and Risk — Penfield, PA

Mortgages

Rentals and Section 8 — Penfield, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Penfield, PA

Home Price to Income Ratio

Penfield, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Force

Rockton, PA

Byrnedale, PA

Clearfield, PA

Kersey, PA

Frequently Asked Questions

What is the average home price in Penfield, PA 15849?

How have home prices in Penfield, PA 15849 changed over the past year?

What is the home price projection for Penfield, PA 15849?

What are the demographics of Penfield, PA 15849?

How long does it take homes to sell in Penfield, PA 15849?

What is the average rent price in Penfield, PA 15849?