Waynesburg, PA15370

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$166,000
3.1% YoY Growth
Median Household Income
$65,500
13.7% 5-Year Growth
Days on Market
86
12.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$1,100
6.9% YoY Growth
1-Bed Rent
$825
N/A
2-Bed Rent
$945
21.7% YoY Growth
3-Bed Rent
$1,200
12.9% YoY Growth

Property Listings — Waynesburg, PA

As of Aug '25 and according to Realtor.com, the median days on market for a home in Waynesburg, PA is 86. This is an increase of 12.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 50.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$157,000-10.0%
Listing Count
26N/A
Listings as % of Homes0.4%N/A
Days on Market
8612.0%
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Demographics — Waynesburg, PA

MetricLatest CensusYoY % Change
Population
13,600-8.1%
% Under 18
15.4%-3.1%
% Under 5N/AN/A
% Seniors
20.0%21.2%
% WFH
5.6%51.4%
% w/ College Degree
23.8%24.0%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.7%-5.1%
% Black
6.2%-17.3%
% Hispanic
2.7%0.0%
% Asian
0.4%0.0%
% Foreign Born
1.3%8.3%
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Mortgage and Risk — Waynesburg, PA

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Waynesburg, PA in that year was 166. 77.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 66.0%. Of those, 27.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Waynesburg, PA. Investor activity in Waynesburg, PA is low, as 0.0% of all loans are originated by investors. In 2023, 6.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
166N/AN/A
% Conventional Loans
77.0%N/AN/A
% Government Loans
23.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
6.0%N/AN/A
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Rentals and Section 8 — Waynesburg, PA

As of 2024, the percent of homes in Waynesburg, PA under the Section 8 program is 10.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
403
Total Units Section 8
166
% Rentals under Section 8
10.8%
% Occupied Section 8
92.7%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$25$825$800
2 Bedroom$25$945$970
3 Bedroom$20$1,200$1,220
4 BedroomN/AN/A$1,320

Affordability — Waynesburg, PA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.4N/AN/A
Median Home Price$166,000N/AN/A
Median Household Income$65,500N/AN/A

Waynesburg, PA — ZIP Code Boundary Map

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