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  1. Home
  2. /Browse ZIP Codes
  3. /Pennsylvania
  4. /South Park, PA - 15129

South Park, PA—15129

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$283,000
2.1% YoY Growth
Household Income
$90,800
31.9% YoY Growth
Days on Market
41
18.0% Shorter YoY
Home Price Forecast
-0.6%
Median Rent
$1,460
23.7% YoY Growth
1-Bed Rent
$1,130
28.2% YoY Growth
2-Bed Rent
$1,500
5.6% YoY Growth
3-Bed Rent
$2,000
16.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — South Park, PA

As of May '26, the median home price in South Park, PA is $283,000, with a year-over-year change of 2.1%. This indicates that home prices in South Park, PA are increasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$283,0002.1%
Single Family $288,0001.4%
Condos $212,0003.9%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$190,0003.8%
    3 Bed
    		$274,0001.5%
    4 Bed
    		$395,0002.6%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    0.6%
    1 Bedroom
    5.9%
    2 Bedrooms
    22.1%
    3 Bedrooms
    45.6%
    4 Bedrooms
    25.5%
    5+ Bedrooms
    0.4%

    Rental Trends — South Park, PA

    As of July '25, Rentcast reports the average rent in South Park, PA is $1,620, with a year-over-year rent change of 23.7%. Per bedroom, the median rent as of July '25 in South Park, PA is 1-bedrooms: $1,150, 2-bedrooms: $1,320, 3-bedrooms: $2,180, 4-bedrooms: $3,300. The most common rental property sizes in South Park, PA are 2-bedroom and 1-bedroom, accounting for 54.2% and 22.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,460$1,620
    Studio Rent N/AN/A
    1 Bed Rent $1,130$1,150
    2 Bed Rent $1,500$1,320
    3 Bed Rent $2,000$2,180
    4 Bed Rent $3,300$3,300
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    % of Rental Stock

    Studio
    2.9%
    1 Bedroom
    22.2%
    2 Bedrooms
    54.2%
    3 Bedrooms
    19.0%
    4 Bedrooms
    1.7%

    Property Listings — South Park, PA

    As of May '26, Realtor.com reports that the median days on market for a home in South Park, PA is 41. This is a decrease of -18.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$290,000-3.0%
    Listing Count
    		4126.0%
    Listings as % of Homes0.5%26.0%
    Days on Market
    		41-18.0%
    Loading chart...

    Demographics — South Park, PA

    As of the latest ACS Survey released in 2023, South Park, PA has a population of 10,600, which has increased by 1.2% over the past 5 years. South Park, PA is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 41.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		10,6001.2%
    % Under 18
    		20.2%0.0%
    % Seniors
    		21.6%17.4%
    % WFH
    		19.2%231.0%
    % w/ College Degree
    		41.8%8.6%
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    As of the latest ACS Survey released in 2023, South Park, PA is a predominantly white area, with 91.5% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in South Park, PA is black, making up 2.5% of the population. Foreign-born residents account for 2.8% of the population in South Park, PA, and this percentage has decreased by 37.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		91.5%1.9%
    % Black
    		2.5%-19.4%
    % Hispanic
    		0.6%-71.4%
    % Asian
    		1.8%-43.8%
    % Foreign Born
    		2.8%-37.8%
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    Mortgage and Risk — South Park, PA

    According to HUD data as of 2023, there were 205 mortgage originations in South Park, PA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in South Park, PA. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		205
    % Conventional Loans
    		84.0%
    % Government Loans
    		16.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — South Park, PA

    As of 2024, the percent of homes in South Park, PA under the Section 8 program is 12.6%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in South Park, PA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		148
    Total Units Section 8
    		148
    % Rentals under Section 8
    		12.6%
    % Occupied Section 8
    		83.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$150$1,130$1,280
    2 Bedroom$40$1,500$1,540
    3 Bedroom-$40$2,000$1,960
    4 Bedroom-$1,180$3,300$2,120

    Affordability — South Park, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.8
    Median Home Price$283,000
    Median Household Income$90,800

    South Park, PA — ZIP Code Boundary Map

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    Frequently Asked Questions