Conway, PA—15027
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Conway, PA
As of Oct '25, the median home price in Conway, PA is $192,000, with a year-over-year change of 8.3%. This indicates that home prices in Conway, PA are increasing. According to Zillow, the 1-year price projection is -1.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $192,000 | 8.3% |
| Single Family | $207,000 | 6.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $153,000 | 9.3% |
3 Bed | $201,000 | 10.4% |
4 Bed | $236,000 | 9.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Conway, PA
As of July '25, Rentcast reports the average rent in Conway, PA is $1,700, with a year-over-year rent change of 77.8%. Per bedroom, the median rent as of July '25 in Conway, PA is 1-bedrooms: $900, 4-bedrooms: $2,500. The most common rental property sizes in Conway, PA are 1-bedroom and 2-bedroom, accounting for 36.6% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $900 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Conway, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Conway, PA is 56. This is a decrease of -31.0% 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 47.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $234,000 | 24.0% |
Listing Count | 17 | 36.0% |
| Listings as % of Homes | 0.4% | 36.0% |
Days on Market | 56 | -31.0% |
Demographics — Conway, PA
As of the latest ACS Survey released in 2023, Conway, PA has a population of 2,140, which has decreased by -3.8% over the past 5 years. Conway, PA is a moderately popular place for families, as children make up 17.0% of the population. The area has a moderately educated workforce, with 26.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,140 | -3.8% |
% Under 18 | 17.0% | -8.6% |
% Seniors | 24.7% | -2.0% |
% WFH | 7.8% | 136.4% |
% w/ College Degree | 26.5% | 25.0% |
As of the latest ACS Survey released in 2023, Conway, PA is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Conway, PA is hispanic, making up 1.8% of the population. Foreign-born residents account for 1.9% of the population in Conway, PA, and this percentage has increased by 5.6% 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 | 94.0% | -3.7% |
% Black | 0.4% | ∞% |
% Hispanic | 1.8% | 80.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.9% | 5.6% |
Mortgage and Risk — Conway, PA
According to HUD data as of 2023, there were 48 mortgage originations in Conway, PA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Conway, 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 | 48 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Conway, PA
Conway, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 85 |
Total Units Section 8 | 85 |
% Rentals under Section 8 | 23.5% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $900 | $880 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | -$1,060 | $2,500 | $1,440 |
Affordability — Conway, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $192,000 |
| Median Household Income | $62,700 |