Pitcairn, PA—15140
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pitcairn, PA
As of Oct '25, the median home price in Pitcairn, PA is $85,000, with a year-over-year change of -7.1%. This indicates that home prices in Pitcairn, PA are decreasing. According to Zillow, the 1-year price projection is -2.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $85,000 | -7.1% |
| Single Family | $85,000 | -6.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $76,000 | -5.0% |
3 Bed | $91,000 | -5.2% |
4 Bed | $98,000 | -4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pitcairn, PA
As of July '25, Rentcast reports the average rent in Pitcairn, PA is $1,090, with a year-over-year rent change of 12.0%. Per bedroom, the median rent as of July '25 in Pitcairn, PA is 1-bedrooms: $650, 2-bedrooms: $932, 3-bedrooms: $1,280, 4-bedrooms: $1,390. The most common rental property sizes in Pitcairn, PA are 1-bedroom and 2-bedroom, accounting for 38.5% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $650 | $650 |
| 2 Bed Rent | $850 | $932 |
| 3 Bed Rent | $1,180 | $1,280 |
| 4 Bed Rent | $1,200 | $1,390 |
% of Rental Stock
Property Listings — Pitcairn, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pitcairn, PA is 98. This is a increase of 20.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $102,000 | 2.0% |
Listing Count | 8 | 36.0% |
| Listings as % of Homes | 0.5% | 36.0% |
Days on Market | 98 | 20.0% |
Demographics — Pitcairn, PA
As of the latest ACS Survey released in 2023, Pitcairn, PA has a population of 3,060, which has decreased by -5.1% over the past 5 years. Pitcairn, PA is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,060 | -5.1% |
% Under 18 | 23.3% | 3.1% |
% Seniors | 17.2% | 10.3% |
% WFH | 8.5% | 73.5% |
% w/ College Degree | 16.4% | -7.9% |
As of the latest ACS Survey released in 2023, Pitcairn, PA is a predominantly white area, with 59.5% of the population identifying as white. The white population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in Pitcairn, PA is black, making up 31.4% of the population. Foreign-born residents account for 3.8% of the population in Pitcairn, PA, and this percentage has increased by 31.0% 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 | 59.5% | -9.2% |
% Black | 31.4% | 53.2% |
% Hispanic | 3.7% | -47.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.8% | 31.0% |
Mortgage and Risk — Pitcairn, PA
According to HUD data as of 2023, there were 36 mortgage originations in Pitcairn, PA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Pitcairn, PA. Investor activity is low, as 8.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 36 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Pitcairn, PA
As of 2024, the percent of homes in Pitcairn, PA under the Section 8 program is 27.6%. 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 Pitcairn, 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 | 407 |
Total Units Section 8 | 399 |
% Rentals under Section 8 | 27.6% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $650 | $840 |
| 2 Bedroom | $160 | $850 | $1,010 |
| 3 Bedroom | $110 | $1,180 | $1,290 |
| 4 Bedroom | $190 | $1,200 | $1,390 |
Affordability — Pitcairn, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $85,000 |
| Median Household Income | $34,400 |