Petrolia, PA—16040
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Petrolia, PA
Home Price Trends — Petrolia, PA
As of Oct '25, the median home price in Petrolia, PA is $180,000, with a year-over-year change of -2.3%. This indicates that home prices in Petrolia, PA are decreasing. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $180,000 | -2.3% |
| Single Family | $180,000 | -4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Petrolia, PA
Petrolia, 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 |
% of Rental Stock
Property Listings — Petrolia, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Petrolia, PA is 82. This is a increase of 200.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $219,000 | -23.0% |
Listing Count | 4 | 200.0% |
| Listings as % of Homes | 0.5% | 200.0% |
Days on Market | 82 | 200.0% |
Demographics — Petrolia, PA
As of the latest ACS Survey released in 2023, Petrolia, PA has a population of 1,010, which has increased by 7.0% over the past 5 years. Petrolia, PA is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,010 | 7.0% |
% Under 18 | 23.9% | 36.6% |
% Seniors | 11.5% | -41.0% |
% WFH | 8.8% | 388.9% |
% w/ College Degree | 19.3% | 26.1% |
As of the latest ACS Survey released in 2023, Petrolia, PA is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Petrolia, PA is black, making up 2.6% of the population. Foreign-born residents account for 0.0% of the population in Petrolia, PA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.6% | -3.0% |
% Black | 2.6% | ∞% |
% Hispanic | 1.2% | -29.4% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Petrolia, PA
Petrolia, PA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Petrolia, PA
Petrolia, 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 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,530 |
Affordability — Petrolia, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $180,000 |
| Median Household Income | $87,900 |