Russell, PA—16345
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Russell, PA
As of Oct '25, the median home price in Russell, PA is $200,000, with a year-over-year change of 4.7%. This indicates that home prices in Russell, PA are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $200,000 | 4.7% |
| Single Family | $200,000 | 5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $165,000 | 0.6% |
3 Bed | $210,000 | 4.5% |
4 Bed | $255,000 | 6.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Russell, PA
Russell, 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 — Russell, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Russell, PA is 82. This is a increase of 2.0% 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 | $280,000 | -25.0% |
Listing Count | 6 | -26.0% |
| Listings as % of Homes | 0.1% | -26.0% |
Days on Market | 82 | 2.0% |
Demographics — Russell, PA
As of the latest ACS Survey released in 2023, Russell, PA has a population of 3,600, which has increased by 4.1% over the past 5 years. Russell, PA is a moderately popular place for families, as children make up 16.3% of the population. The area has a moderately educated workforce, with 26.0% 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 | 3,600 | 4.1% |
% Under 18 | 16.3% | -8.9% |
% Seniors | 24.0% | -6.2% |
% WFH | 6.8% | 88.9% |
% w/ College Degree | 26.0% | -0.4% |
As of the latest ACS Survey released in 2023, Russell, PA is a predominantly white area, with 95.1% 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 Russell, PA is asian, making up 2.2% of the population. Foreign-born residents account for 4.0% of the population in Russell, PA, and this percentage has increased by 135.3% 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 | 95.1% | 0.4% |
% Black | 0.2% | -84.6% |
% Hispanic | 1.5% | 15.4% |
% Asian | 2.2% | 175.0% |
% Foreign Born | 4.0% | 135.3% |
Mortgage and Risk — Russell, PA
According to HUD data as of 2023, there were 64 mortgage originations in Russell, PA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Russell, PA. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Russell, PA
Russell, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% 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 | $750 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Russell, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $200,000 |
| Median Household Income | $94,700 |