Pittsfield, PA—16340
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pittsfield, PA
As of Oct '25, the median home price in Pittsfield, PA is $143,000, with a year-over-year change of -2.6%. This indicates that home prices in Pittsfield, PA are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $143,000 | -2.7% |
| Single Family | $143,000 | -3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $162,000 | -2.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pittsfield, PA
Pittsfield, 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 — Pittsfield, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pittsfield, PA is 30. This is a decrease of -30.0% 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 | $362,000 | 248.0% |
Listing Count | 1 | -57.0% |
| Listings as % of Homes | 0.4% | -57.0% |
Days on Market | 30 | -30.0% |
Demographics — Pittsfield, PA
As of the latest ACS Survey released in 2023, Pittsfield, PA has a population of 1,850, which has increased by 6.3% over the past 5 years. Pittsfield, PA is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,850 | 6.3% |
% Under 18 | 22.9% | 23.1% |
% Seniors | 24.7% | 29.3% |
% WFH | 4.6% | 206.7% |
% w/ College Degree | 17.5% | 34.6% |
As of the latest ACS Survey released in 2023, Pittsfield, PA is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Pittsfield, PA is hispanic, making up 2.2% of the population. Foreign-born residents account for 0.6% of the population in Pittsfield, PA, and this percentage has decreased by 14.3% 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 | 94.0% | -4.6% |
% Black | 0.0% | N/A |
% Hispanic | 2.2% | ∞% |
% Asian | 0.5% | -50.0% |
% Foreign Born | 0.6% | -14.3% |
Mortgage and Risk — Pittsfield, PA
According to HUD data as of 2023, there were 38 mortgage originations in Pittsfield, PA, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Pittsfield, PA. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 38 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Pittsfield, PA
Pittsfield, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $800 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,260 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Pittsfield, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $143,000 |
| Median Household Income | $57,800 |