Ford City, PA—16226
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ford City, PA
As of Oct '25, the median home price in Ford City, PA is $141,000, with a year-over-year change of -2.1%. This indicates that home prices in Ford City, PA are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $141,000 | -2.1% |
| Single Family | $141,000 | -2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $73,000 | -17.0% |
2 Bed | $106,000 | -5.4% |
3 Bed | $169,000 | 0.6% |
4 Bed | $203,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ford City, PA
As of July '25, Rentcast reports the average rent in Ford City, PA is $1,040, with a year-over-year rent change of 43.4%. Per bedroom, the median rent as of July '25 in Ford City, PA is 2-bedrooms: $825, 3-bedrooms: $1,250. The most common rental property sizes in Ford City, PA are 2-bedroom and 3-bedroom, accounting for 38.0% and 23.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $750 | $825 |
| 3 Bed Rent | $1,100 | $1,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ford City, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ford City, PA is 49. This is a increase of 8.0% 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 | $137,000 | 1.0% |
Listing Count | 22 | 0.0% |
| Listings as % of Homes | 0.1% | 0.0% |
Days on Market | 49 | 8.0% |
Demographics — Ford City, PA
As of the latest ACS Survey released in 2023, Ford City, PA has a population of 7,990, which has increased by 4.7% over the past 5 years. Ford City, PA is a moderately popular place for families, as children make up 18.1% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,990 | 4.7% |
% Under 18 | 18.1% | 3.4% |
% Seniors | 23.0% | -4.6% |
% WFH | 9.7% | 234.5% |
% w/ College Degree | 22.8% | 39.9% |
As of the latest ACS Survey released in 2023, Ford City, PA is a predominantly white area, with 96.6% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Ford City, PA is black, making up 1.1% of the population. Foreign-born residents account for 0.6% of the population in Ford City, PA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.6% | 0.4% |
% Black | 1.1% | -52.2% |
% Hispanic | 0.4% | -63.6% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 0.6% | 0.0% |
Mortgage and Risk — Ford City, PA
According to HUD data as of 2023, there were 184 mortgage originations in Ford City, PA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Ford City, PA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 184 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Ford City, PA
Ford City, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 133 |
Total Units Section 8 | 95 |
% Rentals under Section 8 | 12.1% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | $240 | $750 | $990 |
| 3 Bedroom | $160 | $1,100 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Ford City, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $141,000 |
| Median Household Income | $61,600 |