Patton, PA—16668
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Patton, PA
As of Nov '25, the median home price in Patton, PA is $112,000, with a year-over-year change of -16.4%. This indicates that home prices in Patton, PA are decreasing. According to Zillow, the 1-year price projection is -3.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $112,000 | -16.4% |
| Single Family | $112,000 | -15.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Patton, PA
Patton, 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 — Patton, PA
As of Nov '25, Realtor.com reports that the median days on market for a home in Patton, PA is 89. This is a decrease of -14.0% 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 133.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $150,000 | -9.0% |
Listing Count | 3 | -45.0% |
| Listings as % of Homes | 0.3% | -45.0% |
Days on Market | 89 | -14.0% |
Demographics — Patton, PA
As of the latest ACS Survey released in 2023, Patton, PA has a population of 3,620, which has increased by 9.9% over the past 5 years. Patton, PA is a moderately popular place for families, as children make up 21.3% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,620 | 9.9% |
% Under 18 | 21.3% | 24.6% |
% Seniors | 21.6% | 3.3% |
% WFH | 6.1% | 306.7% |
% w/ College Degree | 18.9% | 23.5% |
As of the latest ACS Survey released in 2023, Patton, PA is a predominantly white area, with 95.7% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Patton, PA is hispanic, making up 1.5% of the population. Foreign-born residents account for 0.2% of the population in Patton, PA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.7% | -3.1% |
% Black | 0.2% | -33.3% |
% Hispanic | 1.5% | 150.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | 0.0% |
Mortgage and Risk — Patton, PA
According to HUD data as of 2023, there were 91 mortgage originations in Patton, PA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Patton, PA. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 91 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 5.0% |
Rentals and Section 8 — Patton, PA
Patton, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Patton, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $112,000 |
| Median Household Income | $60,900 |