Sheffield, PA—16347
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sheffield, PA
As of Oct '25, the median home price in Sheffield, PA is $75,000, with a year-over-year change of -13.1%. This indicates that home prices in Sheffield, PA are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $75,000 | -13.1% |
| Single Family | $75,000 | -13.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $68,000 | -16.0% |
3 Bed | $88,000 | -11.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sheffield, PA
Sheffield, 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 |
% of Rental Stock
Property Listings — Sheffield, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sheffield, PA is 95. This is a increase of 55.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $109,000 | 19.0% |
Listing Count | 8 | -19.0% |
| Listings as % of Homes | 0.3% | -19.0% |
Days on Market | 95 | 55.0% |
Demographics — Sheffield, PA
As of the latest ACS Survey released in 2023, Sheffield, PA has a population of 1,540, which has decreased by -33.7% over the past 5 years. Sheffield, PA is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,540 | -33.7% |
% Under 18 | 19.2% | -25.3% |
% Seniors | 21.5% | 14.4% |
% WFH | 7.8% | 81.4% |
% w/ College Degree | 14.2% | 25.7% |
As of the latest ACS Survey released in 2023, Sheffield, PA is a predominantly white area, with 97.1% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Sheffield, PA is black, making up 0.8% of the population. Foreign-born residents account for 0.0% of the population in Sheffield, PA, and this percentage has decreased by 100.0% 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 | 97.1% | -0.1% |
% Black | 0.8% | -46.7% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Sheffield, PA
According to HUD data as of 2023, there were 23 mortgage originations in Sheffield, PA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Sheffield, PA. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 23 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Sheffield, PA
Sheffield, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Sheffield, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $75,000 |
| Median Household Income | $51,800 |