Cranesville, PA—16410
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cranesville, PA
As of Oct '25, the median home price in Cranesville, PA is $232,000, with a year-over-year change of 5.4%. This indicates that home prices in Cranesville, PA are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $232,000 | 5.4% |
| Single Family | $232,000 | 5.5% |
| 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 | $243,000 | 5.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cranesville, PA
Cranesville, 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 — Cranesville, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Cranesville, PA is 55. 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 | $205,000 | 56.0% |
Listing Count | 4 | 29.0% |
| Listings as % of Homes | N/A | 29.0% |
Days on Market | 55 | 2.0% |
Demographics — Cranesville, PA
As of the latest ACS Survey released in 2023, Cranesville, PA has a population of 1,990, which has increased by 16.3% over the past 5 years. Cranesville, PA is a moderately popular place for families, as children make up 23.0% of the population. The area has a moderately educated workforce, with 31.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,990 | 16.3% |
% Under 18 | 23.0% | -0.4% |
% Seniors | 15.3% | 1.3% |
% WFH | 6.5% | 140.7% |
% w/ College Degree | 31.9% | 118.5% |
As of the latest ACS Survey released in 2023, Cranesville, PA is a predominantly white area, with 91.9% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Cranesville, PA is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.5% of the population in Cranesville, PA, and this percentage has decreased by 58.3% 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 | 91.9% | -3.7% |
% Black | 1.2% | -7.7% |
% Hispanic | 2.3% | 228.6% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 0.5% | -58.3% |
Mortgage and Risk — Cranesville, PA
According to HUD data as of 2023, there were 41 mortgage originations in Cranesville, PA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Cranesville, PA. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 41 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Cranesville, PA
Cranesville, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — Cranesville, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $232,000 |
| Median Household Income | $91,200 |