Evans City, PA 16033 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Evans City, PA—16033

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$343,000

1.8% YoY Growth

Household Income

$101,000

59.8% YoY Growth

Days on Market

32.0% Longer YoY

Home Price Forecast

0.7%

Median Rent

$1,250

18.7% YoY Growth

1-Bed Rent

$1,030

21.9% YoY Growth

2-Bed Rent

$825

5.1% YoY Growth

3-Bed Rent

$1,250

44.0% YoY Growth

Home Price Trends — Evans City, PA

As of Dec '25, the median home price in Evans City, PA is $343,000, with a year-over-year change of 1.8%. This indicates that home prices in Evans City, PA are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$343,000	1.8%
Single Family	$335,000	0.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Evans City, PA

As of July '25, Rentcast reports the average rent in Evans City, PA is $1,460, with a year-over-year rent change of 18.7%. Per bedroom, the median rent as of July '25 in Evans City, PA is 1-bedrooms: $1,030, 2-bedrooms: $938, 3-bedrooms: $1,400, 4-bedrooms: $2,250. The most common rental property sizes in Evans City, PA are 3-bedroom and 2-bedroom, accounting for 41.2% and 38.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,250	$1,460
Studio Rent	N/A	N/A
1 Bed Rent	$1,030	$1,030
2 Bed Rent	$825	$938
3 Bed Rent	$1,250	$1,400
4 Bed Rent	$1,600	$2,250

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% of Rental Stock

Studio

3.6%

1 Bedroom

15.6%

2 Bedrooms

38.0%

3 Bedrooms

41.2%

4 Bedrooms

0.8%

5+ Bedrooms

0.8%

Property Listings — Evans City, PA

As of Dec '25, Realtor.com reports that the median days on market for a home in Evans City, PA is 57. 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 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$400,000	-2.0%
Listing Count	21	24.0%
Listings as % of Homes	0.3%	24.0%
Days on Market	82	32.0%

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Demographics — Evans City, PA

As of the latest ACS Survey released in 2023, Evans City, PA has a population of 7,930, which has increased by 28.4% over the past 5 years. Evans City, PA is a moderately popular place for families, as children make up 16.7% of the population. The area has a moderately educated workforce, with 37.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,930	28.4%
% Under 18	16.7%	1.8%
% Seniors	16.5%	-5.2%
% WFH	19.0%	387.2%
% w/ College Degree	37.8%	32.2%

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As of the latest ACS Survey released in 2023, Evans City, PA is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Evans City, PA is hispanic, making up 3.0% of the population. Foreign-born residents account for 1.0% of the population in Evans City, PA, and this percentage has increased by 42.9% 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	95.4%	-2.7%
% Black	0.0%	-100.0%
% Hispanic	3.0%	275.0%
% Asian	0.7%	250.0%
% Foreign Born	1.0%	42.9%

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Mortgage and Risk — Evans City, PA

According to HUD data as of 2023, there were 107 mortgage originations in Evans City, PA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Evans City, PA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	107
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Evans City, PA

As of 2024, the percent of homes in Evans City, PA under the Section 8 program is 7.7%. 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. In Evans City, 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	64
Total Units Section 8	64
% Rentals under Section 8	7.7%
% Occupied Section 8	84.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$90	$1,030	$1,120
2 Bedroom	$515	$825	$1,340
3 Bedroom	$460	$1,250	$1,710
4 Bedroom	$240	$1,600	$1,840

Evans City, PA—16033

Key Metrics at a Glance

Home Price Trends — Evans City, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Evans City, PA

% of Rental Stock

Property Listings — Evans City, PA

Demographics — Evans City, PA

Race and Ethnicity

Mortgage and Risk — Evans City, PA

Mortgages

Rentals and Section 8 — Evans City, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Evans City, PA

Home Price to Income Ratio

Evans City, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Connoquenessing

Callery

Renfrew, PA

Zelienople, PA

Mars, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$343,000
Median Household Income	$101,000

Evans City, PA—16033

Key Metrics at a Glance

Home Price Trends — Evans City, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Evans City, PA

% of Rental Stock

Property Listings — Evans City, PA

Demographics — Evans City, PA

Race and Ethnicity

Mortgage and Risk — Evans City, PA

Mortgages

Rentals and Section 8 — Evans City, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Evans City, PA

Home Price to Income Ratio

Evans City, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Connoquenessing

Callery

Renfrew, PA

Zelienople, PA

Mars, PA

Frequently Asked Questions

What is the average home price in Evans City, PA 16033?

How have home prices in Evans City, PA 16033 changed over the past year?

What is the home price projection for Evans City, PA 16033?

What are the demographics of Evans City, PA 16033?

How long does it take homes to sell in Evans City, PA 16033?

What is the average rent price in Evans City, PA 16033?