Warren, PA—16365
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Warren, PA
As of Oct '25, the median home price in Warren, PA is $140,000, with a year-over-year change of 2.5%. This indicates that home prices in Warren, 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 | $140,000 | 2.5% |
| Single Family | $140,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $70,000 | -5.4% |
2 Bed | $117,000 | 2.6% |
3 Bed | $150,000 | 3.4% |
4 Bed | $152,000 | 2.0% |
| 5 Bed | $165,000 | 1.9% |
% of Housing Stock
Rental Trends — Warren, PA
As of July '25, Rentcast reports the average rent in Warren, PA is $1,050, with a year-over-year rent change of 43.2%. Per bedroom, the median rent as of July '25 in Warren, PA is studios: $1,250, 2-bedrooms: $925, 3-bedrooms: $988. The most common rental property sizes in Warren, PA are 2-bedroom and 3-bedroom, accounting for 41.1% and 24.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $1,050 |
| Studio Rent | $800 | $1,250 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $875 | $925 |
| 3 Bed Rent | $975 | $988 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Warren, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Warren, PA is 37. This is a increase of 24.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $137,000 | 12.0% |
Listing Count | 44 | 12.0% |
| Listings as % of Homes | 0.4% | 12.0% |
Days on Market | 37 | 24.0% |
Demographics — Warren, PA
As of the latest ACS Survey released in 2023, Warren, PA has a population of 17,300, which has decreased by -2.8% over the past 5 years. Warren, PA is a moderately popular place for families, as children make up 18.7% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,300 | -2.8% |
% Under 18 | 18.7% | 4.5% |
% Seniors | 24.5% | 9.4% |
% WFH | 3.4% | 9.7% |
% w/ College Degree | 24.6% | 2.5% |
As of the latest ACS Survey released in 2023, Warren, PA is a predominantly white area, with 95.3% 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 Warren, PA is black, making up 1.5% of the population. Foreign-born residents account for 1.2% of the population in Warren, PA, and this percentage has decreased by 7.7% 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 | 95.3% | -1.0% |
% Black | 1.5% | 200.0% |
% Hispanic | 0.6% | -57.1% |
% Asian | 0.4% | -50.0% |
% Foreign Born | 1.2% | -7.7% |
Mortgage and Risk — Warren, PA
According to HUD data as of 2023, there were 247 mortgage originations in Warren, PA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Warren, PA. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 247 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Warren, PA
Warren, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 310 |
Total Units Section 8 | 113 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | $55 | $875 | $930 |
| 3 Bedroom | $245 | $975 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — Warren, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $140,000 |
| Median Household Income | $57,700 |