Sharpsville, PA—16150
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sharpsville, PA
As of Oct '25, the median home price in Sharpsville, PA is $164,000, with a year-over-year change of 0.1%. This indicates that home prices in Sharpsville, PA are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $164,000 | 0.1% |
| Single Family | $164,000 | 0.0% |
| 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 | $190,000 | 3.3% |
4 Bed | $216,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sharpsville, PA
As of July '25, Rentcast reports the average rent in Sharpsville, PA is $812, with a year-over-year rent change of -6.6%. Per bedroom, the median rent as of July '25 in Sharpsville, PA is 1-bedrooms: $625, 2-bedrooms: $1,000. The most common rental property sizes in Sharpsville, PA are 2-bedroom and 3-bedroom, accounting for 37.6% and 26.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $625 | $812 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $625 | $625 |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sharpsville, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sharpsville, PA is 31. 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $180,000 | 6.0% |
Listing Count | 28 | -12.0% |
| Listings as % of Homes | 0.4% | -12.0% |
Days on Market | 31 | -16.0% |
Demographics — Sharpsville, PA
As of the latest ACS Survey released in 2023, Sharpsville, PA has a population of 7,050, which has remained stable by 0.9% over the past 5 years. Sharpsville, PA is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 26.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,050 | 0.9% |
% Under 18 | 18.5% | -13.6% |
% Seniors | 23.3% | 17.1% |
% WFH | 6.8% | 112.5% |
% w/ College Degree | 26.3% | 15.4% |
As of the latest ACS Survey released in 2023, Sharpsville, PA is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Sharpsville, PA is black, making up 2.9% of the population. Foreign-born residents account for 2.3% of the population in Sharpsville, PA, and this percentage has increased by 155.6% 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 | 92.6% | -3.6% |
% Black | 2.9% | 70.6% |
% Hispanic | 1.8% | 157.1% |
% Asian | 0.7% | 16.7% |
% Foreign Born | 2.3% | 155.6% |
Mortgage and Risk — Sharpsville, PA
According to HUD data as of 2023, there were 128 mortgage originations in Sharpsville, PA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Sharpsville, PA. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 128 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Sharpsville, PA
Sharpsville, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 170 |
Total Units Section 8 | 171 |
% Rentals under Section 8 | 20.4% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $125 | $625 | $750 |
| 2 Bedroom | -$60 | $1,000 | $940 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Sharpsville, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $164,000 |
| Median Household Income | $61,600 |