Fairview, PA—16415
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairview, PA
As of Oct '25, the median home price in Fairview, PA is $360,000, with a year-over-year change of 7.7%. This indicates that home prices in Fairview, PA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $360,000 | 7.7% |
| Single Family | $360,000 | 7.8% |
| Condos | $365,000 | 8.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $248,000 | 6.0% |
3 Bed | $289,000 | 7.4% |
4 Bed | $463,000 | 8.2% |
| 5 Bed | $544,000 | 8.2% |
% of Housing Stock
Rental Trends — Fairview, PA
As of July '25, Rentcast reports the average rent in Fairview, PA is $2,440, with a year-over-year rent change of -26.5%. Per bedroom, the median rent as of July '25 in Fairview, PA is 1-bedrooms: $1,930, 2-bedrooms: $1,680, 4-bedrooms: $4,500. The most common rental property sizes in Fairview, PA are 3-bedroom and 2-bedroom, accounting for 52.7% and 26.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $2,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,930 | $1,930 |
| 2 Bed Rent | $1,600 | $1,680 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $4,500 | $4,500 |
% of Rental Stock
Property Listings — Fairview, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairview, PA is 63. This is a increase of 17.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $372,000 | -10.0% |
Listing Count | 29 | 22.0% |
| Listings as % of Homes | 0.7% | 22.0% |
Days on Market | 63 | 17.0% |
Demographics — Fairview, PA
As of the latest ACS Survey released in 2023, Fairview, PA has a population of 10,300, which has increased by 7.6% over the past 5 years. Fairview, PA is a moderately popular place for families, as children make up 25.0% of the population. The area has a highly educated workforce, with 46.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,300 | 7.6% |
% Under 18 | 25.0% | -6.4% |
% Seniors | 20.7% | 13.1% |
% WFH | 13.4% | 197.8% |
% w/ College Degree | 46.1% | 0.7% |
As of the latest ACS Survey released in 2023, Fairview, PA is a predominantly white area, with 92.4% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Fairview, PA is asian, making up 2.8% of the population. Foreign-born residents account for 2.6% of the population in Fairview, PA, and this percentage has decreased by 23.5% 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 | 92.4% | -0.3% |
% Black | 0.1% | -87.5% |
% Hispanic | 1.4% | -12.5% |
% Asian | 2.8% | 40.0% |
% Foreign Born | 2.6% | -23.5% |
Mortgage and Risk — Fairview, PA
According to HUD data as of 2023, there were 243 mortgage originations in Fairview, PA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Fairview, 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 | 243 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Fairview, PA
Fairview, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 47 |
Total Units Section 8 | 47 |
% Rentals under Section 8 | 15.4% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$830 | $1,930 | $1,100 |
| 2 Bedroom | -$170 | $1,600 | $1,430 |
| 3 Bedroom | N/A | N/A | $1,780 |
| 4 Bedroom | -$2,570 | $4,500 | $1,930 |
Affordability — Fairview, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $360,000 |
| Median Household Income | $106,000 |