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Russell, PA—16345

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$215,000
6.5% YoY Growth
Household Income
$94,700
57.5% YoY Growth
Days on Market
77
57.0% Shorter YoY
Home Price Forecast
1.1%
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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Russell, PA

As of May '26, the median home price in Russell, PA is $215,000, with a year-over-year change of 6.5%. This indicates that home prices in Russell, PA are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$215,0006.5%
Single Family $215,0005.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$175,0003.6%
    3 Bed
    		$225,0006.6%
    4 Bed
    		$273,0007.1%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    1.8%
    1 Bedroom
    6.6%
    2 Bedrooms
    20.7%
    3 Bedrooms
    49.4%
    4 Bedrooms
    15.4%
    5+ Bedrooms
    6.1%

    Rental Trends — Russell, PA

    Russell, PA lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    30.6%
    2 Bedrooms
    36.0%
    3 Bedrooms
    28.8%
    4 Bedrooms
    4.5%

    Property Listings — Russell, PA

    As of May '26, Realtor.com reports that the median days on market for a home in Russell, PA is 77. This is a decrease of -57.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$530,00091.0%
    Listing Count
    		4-57.0%
    Listings as % of Homes0.1%-57.0%
    Days on Market
    		77-57.0%
    Loading chart...

    Demographics — Russell, PA

    As of the latest ACS Survey released in 2023, Russell, PA has a population of 3,600, which has increased by 4.1% over the past 5 years. Russell, PA is a moderately popular place for families, as children make up 16.3% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,6004.1%
    % Under 18
    		16.3%-8.9%
    % Seniors
    		24.0%-6.2%
    % WFH
    		6.8%88.9%
    % w/ College Degree
    		26.0%-0.4%
    Loading chart...

    As of the latest ACS Survey released in 2023, Russell, PA is a predominantly white area, with 95.1% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Russell, PA is asian, making up 2.2% of the population. Foreign-born residents account for 4.0% of the population in Russell, PA, and this percentage has increased by 135.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		95.1%0.4%
    % Black
    		0.2%-84.6%
    % Hispanic
    		1.5%15.4%
    % Asian
    		2.2%175.0%
    % Foreign Born
    		4.0%135.3%
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    Mortgage and Risk — Russell, PA

    According to HUD data as of 2023, there were 64 mortgage originations in Russell, PA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Russell, PA. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		64
    % Conventional Loans
    		84.0%
    % Government Loans
    		16.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		16.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Russell, PA

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

    Section 8 Market Size

    Total Units under HUD
    		2
    Total Units Section 8
    		2
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$750
    2 BedroomN/AN/A$910
    3 BedroomN/AN/A$1,190
    4 BedroomN/AN/A$1,320

    Affordability — Russell, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.9
    Median Home Price$215,000
    Median Household Income$94,700

    Russell, PA — ZIP Code Boundary Map

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    Frequently Asked Questions