Meadville, PA—16335
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Meadville, PA
As of Nov '25, the median home price in Meadville, PA is $158,000, with a year-over-year change of 6.3%. This indicates that home prices in Meadville, PA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $158,000 | 6.3% |
| Single Family | $157,000 | 7.5% |
| Condos | $221,000 | 11.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $126,000 | 7.7% |
3 Bed | $171,000 | 7.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Meadville, PA
As of July '25, Rentcast reports the average rent in Meadville, PA is $1,020, with a year-over-year rent change of 23.5%. Per bedroom, the median rent as of July '25 in Meadville, PA is studios: $1,310, 1-bedrooms: $768, 2-bedrooms: $1,120, 3-bedrooms: $1,080, 4-bedrooms: $1,520. The most common rental property sizes in Meadville, PA are 3-bedroom and 2-bedroom, accounting for 34.6% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $1,020 |
| Studio Rent | $725 | $1,310 |
| 1 Bed Rent | $695 | $768 |
| 2 Bed Rent | $900 | $1,120 |
| 3 Bed Rent | $1,080 | $1,080 |
| 4 Bed Rent | $1,500 | $1,520 |
% of Rental Stock
Property Listings — Meadville, PA
As of Nov '25, Realtor.com reports that the median days on market for a home in Meadville, PA is 73. This is a increase of 10.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | -2.0% |
Listing Count | 66 | 32.0% |
| Listings as % of Homes | 0.4% | 32.0% |
Days on Market | 73 | 10.0% |
Demographics — Meadville, PA
As of the latest ACS Survey released in 2023, Meadville, PA has a population of 27,100, which has decreased by -1.3% over the past 5 years. Meadville, PA is a moderately popular place for families, as children make up 18.8% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,100 | -1.3% |
% Under 18 | 18.8% | -5.1% |
% Seniors | 22.0% | 7.8% |
% WFH | 6.2% | 59.0% |
% w/ College Degree | 26.4% | 0.8% |
As of the latest ACS Survey released in 2023, Meadville, PA is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Meadville, PA is black, making up 3.3% of the population. Foreign-born residents account for 2.2% of the population in Meadville, PA, and this percentage has increased by 37.5% 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 | 91.4% | -0.2% |
% Black | 3.3% | 3.1% |
% Hispanic | 1.2% | -40.0% |
% Asian | 1.0% | 100.0% |
% Foreign Born | 2.2% | 37.5% |
Mortgage and Risk — Meadville, PA
According to HUD data as of 2023, there were 321 mortgage originations in Meadville, PA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Meadville, PA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 321 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Rentals and Section 8 — Meadville, PA
Meadville, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 774 |
Total Units Section 8 | 365 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $75 | $695 | $770 |
| 2 Bedroom | $80 | $900 | $980 |
| 3 Bedroom | $200 | $1,080 | $1,280 |
| 4 Bedroom | -$30 | $1,500 | $1,470 |
Affordability — Meadville, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $158,000 |
| Median Household Income | $58,500 |