Seneca, PA 16346 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Seneca, PA—16346

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$173,000

2.8% YoY Growth

Household Income

$68,800

38.6% YoY Growth

Days on Market

52.0% Shorter YoY

Home Price Forecast

-0.4%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Seneca, PA

As of May '26, the median home price in Seneca, PA is $173,000, with a year-over-year change of 2.8%. This indicates that home prices in Seneca, PA are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$173,000	2.8%
Single Family	$173,000	3.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Seneca, PA

Seneca, PA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
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	N/A	N/A

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% of Rental Stock

1 Bedroom

7.1%

2 Bedrooms

37.7%

3 Bedrooms

47.9%

4 Bedrooms

7.3%

Property Listings — Seneca, PA

As of May '26, Realtor.com reports that the median days on market for a home in Seneca, PA is 31. This is a decrease of -52.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$255,000	-26.0%
Listing Count	6	80.0%
Listings as % of Homes	0.4%	80.0%
Days on Market	31	-52.0%

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Demographics — Seneca, PA

As of the latest ACS Survey released in 2023, Seneca, PA has a population of 3,250, which has increased by 2.1% over the past 5 years. Seneca, PA is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 22.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,250	2.1%
% Under 18	21.8%	-1.8%
% Seniors	24.8%	13.2%
% WFH	12.8%	1,500.0%
% w/ College Degree	22.0%	-2.2%

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As of the latest ACS Survey released in 2023, Seneca, PA is a predominantly white area, with 95.0% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Seneca, PA is hispanic, making up 1.1% of the population. Foreign-born residents account for 1.0% of the population in Seneca, PA, and this percentage has decreased by 9.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	95.0%	-1.0%
% Black	0.9%	∞%
% Hispanic	1.1%	37.5%
% Asian	0.7%	-66.7%
% Foreign Born	1.0%	-9.1%

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Mortgage and Risk — Seneca, PA

According to HUD data as of 2023, there were 36 mortgage originations in Seneca, PA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Seneca, PA. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	36
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — Seneca, PA

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

Section 8 Market Size

Total Units under HUD	148
Total Units Section 8	136
% Rentals under Section 8	N/A
% Occupied Section 8	80.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$690
2 Bedroom	N/A	N/A	$910
3 Bedroom	N/A	N/A	$1,130
4 Bedroom	N/A	N/A	$1,300

Seneca, PA—16346

Key Metrics at a Glance

Home Price Trends — Seneca, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Seneca, PA

% of Rental Stock

Property Listings — Seneca, PA

Demographics — Seneca, PA

Race and Ethnicity

Mortgage and Risk — Seneca, PA

Mortgages

Rentals and Section 8 — Seneca, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Seneca, PA

Home Price to Income Ratio

Seneca, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Cranberry, PA

Oil City, PA

Reno

Rouseville

Venus, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$173,000
Median Household Income	$68,800

Seneca, PA—16346

Key Metrics at a Glance

Home Price Trends — Seneca, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Seneca, PA

% of Rental Stock

Property Listings — Seneca, PA

Demographics — Seneca, PA

Race and Ethnicity

Mortgage and Risk — Seneca, PA

Mortgages

Rentals and Section 8 — Seneca, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Seneca, PA

Home Price to Income Ratio

Seneca, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Cranberry, PA

Oil City, PA

Reno

Rouseville

Venus, PA

Frequently Asked Questions

What is the average home price in Seneca, PA 16346?

How have home prices in Seneca, PA 16346 changed over the past year?

What is the home price projection for Seneca, PA 16346?

What are the demographics of Seneca, PA 16346?

How long does it take homes to sell in Seneca, PA 16346?

What is the average rent price in Seneca, PA 16346?