Charleroi, PA—15022
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Charleroi, PA
As of Oct '25, the median home price in Charleroi, PA is $93,000, with a year-over-year change of -7.2%. This indicates that home prices in Charleroi, PA are decreasing. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $93,000 | -7.2% |
| Single Family | $93,000 | -7.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $41,000 | -14.6% |
2 Bed | $69,000 | -11.5% |
3 Bed | $120,000 | -2.4% |
4 Bed | $133,000 | -4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Charleroi, PA
As of July '25, Rentcast reports the average rent in Charleroi, PA is $960, with a year-over-year rent change of -0.2%. Per bedroom, the median rent as of July '25 in Charleroi, PA is 1-bedrooms: $781, 2-bedrooms: $1,020, 3-bedrooms: $1,000, 4-bedrooms: $1,150. The most common rental property sizes in Charleroi, PA are 1-bedroom and 2-bedroom, accounting for 42.0% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $749 | $781 |
| 2 Bed Rent | $1,000 | $1,020 |
| 3 Bed Rent | $1,000 | $1,000 |
| 4 Bed Rent | $1,150 | $1,150 |
% of Rental Stock
Property Listings — Charleroi, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Charleroi, PA is 40. This is a increase of 12.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $106,000 | 43.0% |
Listing Count | 43 | -2.0% |
| Listings as % of Homes | 0.5% | -2.0% |
Days on Market | 40 | 12.0% |
Demographics — Charleroi, PA
As of the latest ACS Survey released in 2023, Charleroi, PA has a population of 10,000, which has remained stable by -0.5% over the past 5 years. Charleroi, PA is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,000 | -0.5% |
% Under 18 | 21.0% | 6.1% |
% Seniors | 21.6% | 9.1% |
% WFH | 10.6% | 158.5% |
% w/ College Degree | 21.9% | 0.5% |
As of the latest ACS Survey released in 2023, Charleroi, PA is a predominantly white area, with 86.7% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Charleroi, PA is black, making up 5.9% of the population. Foreign-born residents account for 1.7% of the population in Charleroi, PA, and this percentage has increased by 21.4% 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 | 86.7% | -5.3% |
% Black | 5.9% | 96.7% |
% Hispanic | 0.8% | -42.9% |
% Asian | 0.4% | 0.0% |
% Foreign Born | 1.7% | 21.4% |
Mortgage and Risk — Charleroi, PA
According to HUD data as of 2023, there were 190 mortgage originations in Charleroi, PA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Charleroi, PA. Investor activity is low, as 6.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 190 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Charleroi, PA
As of 2024, the percent of homes in Charleroi, PA under the Section 8 program is 18.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Charleroi, 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 | 269 |
Total Units Section 8 | 193 |
% Rentals under Section 8 | 18.3% |
% Occupied Section 8 | 79.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $131 | $749 | $880 |
| 2 Bedroom | $60 | $1,000 | $1,060 |
| 3 Bedroom | $350 | $1,000 | $1,350 |
| 4 Bedroom | $310 | $1,150 | $1,460 |
Affordability — Charleroi, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $93,000 |
| Median Household Income | $61,300 |