Smethport, PA—16749
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Smethport, PA
As of Oct '25, the median home price in Smethport, PA is $113,000, with a year-over-year change of 1.9%. This indicates that home prices in Smethport, PA are increasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $113,000 | 1.9% |
| Single Family | $113,000 | 0.9% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Smethport, PA
Smethport, 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 — Smethport, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Smethport, PA is 96. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $149,000 | 4.0% |
Listing Count | 14 | 29.0% |
| Listings as % of Homes | 0.5% | 29.0% |
Days on Market | 96 | -1.0% |
Demographics — Smethport, PA
As of the latest ACS Survey released in 2023, Smethport, PA has a population of 3,690, which has decreased by -10.9% over the past 5 years. Smethport, PA is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,690 | -10.9% |
% Under 18 | 20.4% | -3.3% |
% Seniors | 29.6% | 38.3% |
% WFH | 3.9% | 2.6% |
% w/ College Degree | 21.2% | 16.5% |
As of the latest ACS Survey released in 2023, Smethport, PA is a predominantly white area, with 95.8% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Smethport, PA is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.6% of the population in Smethport, PA, and this percentage has increased by 20.0% 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 | 95.8% | -1.6% |
% Black | 0.9% | -30.8% |
% Hispanic | 1.8% | 260.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.6% | 20.0% |
Mortgage and Risk — Smethport, PA
According to HUD data as of 2023, there were 23 mortgage originations in Smethport, PA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Smethport, PA. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 23 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Smethport, PA
Smethport, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 48 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Smethport, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $113,000 |
| Median Household Income | $70,100 |