Petrolia, PA—16050
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Petrolia, PA
Home Price Trends — Petrolia, PA
As of Oct '25, the median home price in Petrolia, PA is $152,000, with a year-over-year change of -2.7%. This indicates that home prices in Petrolia, PA are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $152,000 | -2.7% |
| Single Family | $152,000 | -4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Petrolia, PA
Petrolia, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio 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 |
| 4 Bed Rent | $1,300 | $1,300 |
% of Rental Stock
Property Listings — Petrolia, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Petrolia, PA is 101. This is a increase of 13.0% 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 100.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $132,000 | 13.0% |
Listing Count | 2 | 89.0% |
| Listings as % of Homes | 0.2% | 89.0% |
Days on Market | 101 | 13.0% |
Demographics — Petrolia, PA
As of the latest ACS Survey released in 2023, Petrolia, PA has a population of 978, which has decreased by -34.3% over the past 5 years. Petrolia, PA is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 15.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 978 | -34.3% |
% Under 18 | 18.6% | -15.5% |
% Seniors | 22.3% | 47.7% |
% WFH | 7.4% | 196.0% |
% w/ College Degree | 15.8% | 24.4% |
As of the latest ACS Survey released in 2023, Petrolia, PA is a predominantly white area, with 96.7% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Petrolia, PA is asian, making up 1.2% of the population. Foreign-born residents account for 1.2% of the population in Petrolia, PA, and this percentage has increased by 33.3% 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 | 96.7% | 0.5% |
% Black | 0.8% | -46.7% |
% Hispanic | 0.0% | -100.0% |
% Asian | 1.2% | 300.0% |
% Foreign Born | 1.2% | 33.3% |
Mortgage and Risk — Petrolia, PA
Petrolia, PA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Petrolia, PA
Petrolia, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 8.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,160 |
| 3 Bedroom | N/A | N/A | $1,480 |
| 4 Bedroom | $290 | $1,300 | $1,590 |
Affordability — Petrolia, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $152,000 |
| Median Household Income | $58,600 |