Tyrone, PA 16686 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Tyrone, PA—16686

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$182,000

9.2% YoY Growth

Household Income

$65,600

28.5% YoY Growth

Days on Market

93.0% Longer YoY

Home Price Forecast

0.4%

Median Rent

$625

3.5% YoY Growth

1-Bed Rent

$595

N/A

2-Bed Rent

$815

1.5% YoY Growth

3-Bed Rent

$720

0.0% YoY Growth

Home Price Trends — Tyrone, PA

As of Dec '25, the median home price in Tyrone, PA is $182,000, with a year-over-year change of 9.2%. This indicates that home prices in Tyrone, PA are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$182,000	9.2%
Single Family	$182,000	9.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Tyrone, PA

As of July '25, Rentcast reports the average rent in Tyrone, PA is $736, with a year-over-year rent change of -3.5%. Per bedroom, the median rent as of July '25 in Tyrone, PA is 1-bedrooms: $591, 2-bedrooms: $797, 3-bedrooms: $720, 4-bedrooms: $1,300. The most common rental property sizes in Tyrone, PA are 2-bedroom and 3-bedroom, accounting for 38.8% and 35.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$625	$736
Studio Rent	N/A	N/A
1 Bed Rent	$595	$591
2 Bed Rent	$815	$797
3 Bed Rent	$720	$720
4 Bed Rent	$1,300	$1,300

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% of Rental Stock

Studio

2.0%

1 Bedroom

15.5%

2 Bedrooms

38.8%

3 Bedrooms

35.8%

4 Bedrooms

6.1%

5+ Bedrooms

1.8%

Property Listings — Tyrone, PA

As of Dec '25, Realtor.com reports that the median days on market for a home in Tyrone, PA is 102. This is a increase of 123.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$125,000	-10.0%
Listing Count	24	28.0%
Listings as % of Homes	0.3%	28.0%
Days on Market	49	93.0%

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Demographics — Tyrone, PA

As of the latest ACS Survey released in 2023, Tyrone, PA has a population of 13,000, which has decreased by -2.0% over the past 5 years. Tyrone, PA is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 20.5% 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	13,000	-2.0%
% Under 18	21.7%	0.0%
% Seniors	20.4%	9.1%
% WFH	4.6%	53.3%
% w/ College Degree	20.5%	-0.5%

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As of the latest ACS Survey released in 2023, Tyrone, PA is a predominantly white area, with 96.0% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Tyrone, PA is hispanic, making up 1.8% of the population. Foreign-born residents account for 1.0% of the population in Tyrone, PA, and this percentage has decreased by 23.1% 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	96.0%	0.7%
% Black	0.4%	-55.6%
% Hispanic	1.8%	125.0%
% Asian	0.1%	-80.0%
% Foreign Born	1.0%	-23.1%

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Mortgage and Risk — Tyrone, PA

According to HUD data as of 2023, there were 292 mortgage originations in Tyrone, PA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Tyrone, PA. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	292
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Tyrone, PA

As of 2024, the percent of homes in Tyrone, PA under the Section 8 program is 14.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Tyrone, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	253
Total Units Section 8	195
% Rentals under Section 8	14.0%
% Occupied Section 8	89.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$425	$595	$1,020
2 Bedroom	$375	$815	$1,190
3 Bedroom	$720	$720	$1,440
4 Bedroom	$280	$1,300	$1,580

Tyrone, PA—16686

Key Metrics at a Glance

Home Price Trends — Tyrone, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tyrone, PA

% of Rental Stock

Property Listings — Tyrone, PA

Demographics — Tyrone, PA

Race and Ethnicity

Mortgage and Risk — Tyrone, PA

Mortgages

Rentals and Section 8 — Tyrone, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Tyrone, PA

Home Price to Income Ratio

Tyrone, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Bellwood, PA

Sandy Ridge

Spruce Creek, PA

Alexandria, PA

Blandburg

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$182,000
Median Household Income	$65,600

Tyrone, PA—16686

Key Metrics at a Glance

Home Price Trends — Tyrone, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tyrone, PA

% of Rental Stock

Property Listings — Tyrone, PA

Demographics — Tyrone, PA

Race and Ethnicity

Mortgage and Risk — Tyrone, PA

Mortgages

Rentals and Section 8 — Tyrone, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Tyrone, PA

Home Price to Income Ratio

Tyrone, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Bellwood, PA

Sandy Ridge

Spruce Creek, PA

Alexandria, PA

Blandburg

Frequently Asked Questions

What is the average home price in Tyrone, PA 16686?

How have home prices in Tyrone, PA 16686 changed over the past year?

What is the home price projection for Tyrone, PA 16686?

What are the demographics of Tyrone, PA 16686?

How long does it take homes to sell in Tyrone, PA 16686?

What is the average rent price in Tyrone, PA 16686?