Commodore, PA15729

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$118,000
4.2% YoY Growth
Median Household Income
$54,500
48.2% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
-0.2%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Commodore, PA

Commodore, PA lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes0.4%N/A
Days on Market
N/AN/A
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Demographics — Commodore, PA

As of the latest ACS Survey released in 2023, Commodore, PA has a population of 1,120, which has decreased by -20.8% over the past 5 years. Commodore, PA is a less popular place for families, as children make up 12.2% of the population. The area has a poorly educated workforce, with 5.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,120-20.8%
% Under 18
12.2%-48.7%
% Seniors
14.3%-24.3%
% WFH
3.2%190.9%
% w/ College Degree
5.3%-73.0%
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Commodore, PA lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
99.1%-0.3%
% Black
0.0%N/A
% Hispanic
0.0%N/A
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Commodore, PA

According to HUD data as of 2023, there were 48 mortgage originations in Commodore, PA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Commodore, PA. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
48
% Conventional Loans
85.0%
% Government Loans
15.0%
% Investor Loans
4.0%
% Second Loans
2.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Commodore, PA

Commodore, PA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
21
Total Units Section 8
0
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$800
2 BedroomN/AN/A$910
3 BedroomN/AN/A$1,230
4 BedroomN/AN/A$1,390

Affordability — Commodore, PA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2
Median Home Price$118,000
Median Household Income$54,500

Commodore, PA — ZIP Code Boundary Map

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Frequently Asked Questions