Saxonburg, PA—16056
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saxonburg, PA
As of Oct '25, the median home price in Saxonburg, PA is $298,000, with a year-over-year change of 4.9%. This indicates that home prices in Saxonburg, PA are increasing. 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 | $298,000 | 4.9% |
| Single Family | $309,000 | 3.3% |
| Condos | $207,000 | 4.0% |
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 | $328,000 | 3.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Saxonburg, PA
As of July '25, Rentcast reports the average rent in Saxonburg, PA is $1,040, with a year-over-year rent change of -16.8%. Per bedroom, the median rent as of July '25 in Saxonburg, PA is 1-bedrooms: $1,040. The most common rental property sizes in Saxonburg, PA are 2-bedroom and 1-bedroom, accounting for 51.2% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $870 | $1,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $870 | $1,040 |
| 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 — Saxonburg, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Saxonburg, PA is 42. This is a decrease of -27.0% 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 | $291,000 | -11.0% |
Listing Count | 8 | -22.0% |
| Listings as % of Homes | 0.2% | -22.0% |
Days on Market | 42 | -27.0% |
Demographics — Saxonburg, PA
As of the latest ACS Survey released in 2023, Saxonburg, PA has a population of 4,430, which has decreased by -4.0% over the past 5 years. Saxonburg, PA is a moderately popular place for families, as children make up 22.4% of the population. The area has a moderately educated workforce, with 30.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,430 | -4.0% |
% Under 18 | 22.4% | 42.7% |
% Seniors | 23.5% | -17.5% |
% WFH | 8.0% | 70.2% |
% w/ College Degree | 30.3% | 6.7% |
As of the latest ACS Survey released in 2023, Saxonburg, PA is a predominantly white area, with 95.7% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Saxonburg, PA is hispanic, making up 1.9% of the population. Foreign-born residents account for 1.1% of the population in Saxonburg, PA, and this percentage has increased by 37.5% 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 | 95.7% | -3.8% |
% Black | 0.0% | N/A |
% Hispanic | 1.9% | 1,800.0% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 1.1% | 37.5% |
Mortgage and Risk — Saxonburg, PA
According to HUD data as of 2023, there were 78 mortgage originations in Saxonburg, PA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Saxonburg, PA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 78 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Saxonburg, PA
Saxonburg, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 34 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $870 | $980 |
| 2 Bedroom | N/A | N/A | $1,170 |
| 3 Bedroom | N/A | N/A | $1,490 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Saxonburg, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $298,000 |
| Median Household Income | $73,500 |