Bessemer, PA—16112
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bessemer, PA
As of Oct '25, the median home price in Bessemer, PA is $130,000, with a year-over-year change of -3.1%. This indicates that home prices in Bessemer, PA are decreasing. 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 | $130,000 | -3.1% |
| Single Family | $130,000 | -4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $104,000 | -6.3% |
3 Bed | $145,000 | -2.7% |
4 Bed | $160,000 | -3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bessemer, PA
Bessemer, 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 — Bessemer, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bessemer, PA is 15. This is a decrease of -62.0% 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 | $151,000 | -5.0% |
Listing Count | 8 | 13.0% |
| Listings as % of Homes | 1.0% | 13.0% |
Days on Market | 15 | -62.0% |
Demographics — Bessemer, PA
As of the latest ACS Survey released in 2023, Bessemer, PA has a population of 1,430, which has decreased by -9.9% over the past 5 years. Bessemer, PA is a popular place for families, as children make up 27.5% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,430 | -9.9% |
% Under 18 | 27.5% | 38.9% |
% Seniors | 13.1% | -26.4% |
% WFH | 12.2% | 617.6% |
% w/ College Degree | 16.2% | -14.7% |
As of the latest ACS Survey released in 2023, Bessemer, PA is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Bessemer, PA is asian, making up 0.8% of the population. Foreign-born residents account for 0.8% of the population in Bessemer, PA, and this percentage has decreased by 50.0% 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 | 93.6% | -5.1% |
% Black | 0.0% | N/A |
% Hispanic | 0.1% | ∞% |
% Asian | 0.8% | 0.0% |
% Foreign Born | 0.8% | -50.0% |
Mortgage and Risk — Bessemer, PA
According to HUD data as of 2023, there were 39 mortgage originations in Bessemer, PA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Bessemer, PA. Investor activity is low, as 0.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 39 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Bessemer, PA
Bessemer, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% 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 | $690 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,270 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Bessemer, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $130,000 |
| Median Household Income | $79,800 |