Slippery Rock, PA—16057
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Slippery Rock, PA
As of Oct '25, the median home price in Slippery Rock, PA is $249,000, with a year-over-year change of -0.2%. This indicates that home prices in Slippery Rock, PA are flat. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $249,000 | -0.2% |
| Single Family | $250,000 | -0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $183,000 | -1.1% |
3 Bed | $282,000 | 3.7% |
4 Bed | $375,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Slippery Rock, PA
As of July '25, Rentcast reports the average rent in Slippery Rock, PA is $726, with a year-over-year rent change of -23.8%. Per bedroom, the median rent as of July '25 in Slippery Rock, PA is studios: $675, 2-bedrooms: $914, 4-bedrooms: $495. The most common rental property sizes in Slippery Rock, PA are 2-bedroom and 3-bedroom, accounting for 39.1% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $675 | $726 |
| Studio Rent | $675 | $675 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $914 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $440 | $495 |
% of Rental Stock
Property Listings — Slippery Rock, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Slippery Rock, PA is 60. This is a decrease of -16.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $302,000 | 8.0% |
Listing Count | 21 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 60 | -16.0% |
Demographics — Slippery Rock, PA
As of the latest ACS Survey released in 2023, Slippery Rock, PA has a population of 15,300, which has increased by 4.4% over the past 5 years. Slippery Rock, PA is a less popular place for families, as children make up 12.0% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,300 | 4.4% |
% Under 18 | 12.0% | -4.8% |
% Seniors | 13.5% | 23.9% |
% WFH | 10.7% | 137.8% |
% w/ College Degree | 27.7% | -5.8% |
As of the latest ACS Survey released in 2023, Slippery Rock, PA is a predominantly white area, with 90.2% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Slippery Rock, PA is hispanic, making up 2.6% of the population. Foreign-born residents account for 1.3% of the population in Slippery Rock, PA, and this percentage has decreased by 23.5% 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 | 90.2% | -4.0% |
% Black | 1.3% | 0.0% |
% Hispanic | 2.6% | 100.0% |
% Asian | 0.7% | -22.2% |
% Foreign Born | 1.3% | -23.5% |
Mortgage and Risk — Slippery Rock, PA
According to HUD data as of 2023, there were 179 mortgage originations in Slippery Rock, PA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Slippery Rock, PA. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 179 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Slippery Rock, PA
Slippery Rock, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 145 |
Total Units Section 8 | 106 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $950 |
| 2 Bedroom | $290 | $850 | $1,140 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | $1,140 | $440 | $1,580 |
Affordability — Slippery Rock, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $249,000 |
| Median Household Income | $56,300 |