Bradford, PA—16701
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bradford, PA
As of Oct '25, the median home price in Bradford, PA is $102,000, with a year-over-year change of 2.6%. This indicates that home prices in Bradford, PA are increasing. According to Zillow, the 1-year price projection is -2.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $102,000 | 2.6% |
| Single Family | $102,000 | 2.0% |
| 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 | $137,000 | 7.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bradford, PA
As of July '25, Rentcast reports the average rent in Bradford, PA is $1,020, with a year-over-year rent change of -4.7%. Per bedroom, the median rent as of July '25 in Bradford, PA is 1-bedrooms: $945, 2-bedrooms: $900, 4-bedrooms: $1,200. The most common rental property sizes in Bradford, PA are 2-bedroom and 3-bedroom, accounting for 34.1% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $945 | $1,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $945 | $945 |
| 2 Bed Rent | $900 | $900 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,200 | $1,200 |
% of Rental Stock
Property Listings — Bradford, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bradford, PA is 52. This is a decrease of -25.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $156,000 | 12.0% |
Listing Count | 45 | 34.0% |
| Listings as % of Homes | 0.4% | 34.0% |
Days on Market | 52 | -25.0% |
Demographics — Bradford, PA
As of the latest ACS Survey released in 2023, Bradford, PA has a population of 16,600, which has decreased by -4.1% over the past 5 years. Bradford, PA is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 22.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,600 | -4.1% |
% Under 18 | 18.6% | -7.0% |
% Seniors | 18.7% | 6.2% |
% WFH | 4.4% | 10.0% |
% w/ College Degree | 22.5% | 10.8% |
As of the latest ACS Survey released in 2023, Bradford, PA is a predominantly white area, with 93.5% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Bradford, PA is hispanic, making up 1.6% of the population. Foreign-born residents account for 2.2% of the population in Bradford, PA, and this percentage has increased by 29.4% 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 | 93.5% | -0.7% |
% Black | 1.3% | 160.0% |
% Hispanic | 1.6% | -38.5% |
% Asian | 0.7% | -22.2% |
% Foreign Born | 2.2% | 29.4% |
Mortgage and Risk — Bradford, PA
According to HUD data as of 2023, there were 178 mortgage originations in Bradford, PA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Bradford, PA. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 178 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Bradford, PA
Bradford, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 630 |
Total Units Section 8 | 461 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 84.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$185 | $945 | $760 |
| 2 Bedroom | $30 | $900 | $930 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | $150 | $1,200 | $1,350 |
Affordability — Bradford, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $102,000 |
| Median Household Income | $62,000 |