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Eldred, PA—16731

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$112,000
2.6% YoY Growth
Household Income
$60,000
16.4% YoY Growth
Days on Market
84
58.0% Shorter YoY
Home Price Forecast
-1.8%
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 — Eldred, PA

As of May '26, the median home price in Eldred, PA is $112,000, with a year-over-year change of -2.6%. This indicates that home prices in Eldred, PA are decreasing. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$112,000-2.6%
Single Family $111,000-2.6%
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
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    8.2%
    2 Bedrooms
    23.0%
    3 Bedrooms
    53.4%
    4 Bedrooms
    12.3%
    5+ Bedrooms
    2.2%

    Rental Trends — Eldred, PA

    Eldred, 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

    Studio
    4.6%
    1 Bedroom
    17.1%
    2 Bedrooms
    47.7%
    3 Bedrooms
    22.2%
    4 Bedrooms
    8.3%

    Property Listings — Eldred, PA

    As of May '26, Realtor.com reports that the median days on market for a home in Eldred, PA is 84. This is a decrease of -58.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$230,000-2.0%
    Listing Count
    		107.0%
    Listings as % of Homes0.5%7.0%
    Days on Market
    		84-58.0%
    Loading chart...

    Demographics — Eldred, PA

    As of the latest ACS Survey released in 2023, Eldred, PA has a population of 2,400, which has decreased by -1.6% over the past 5 years. Eldred, PA is a moderately popular place for families, as children make up 15.8% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,400-1.6%
    % Under 18
    		15.8%-22.2%
    % Seniors
    		25.2%22.3%
    % WFH
    		2.9%61.1%
    % w/ College Degree
    		17.9%14.0%
    Loading chart...

    As of the latest ACS Survey released in 2023, Eldred, PA is a predominantly white area, with 97.5% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Eldred, PA is hispanic, making up 0.4% of the population. Foreign-born residents account for 0.8% of the population in Eldred, PA, and this percentage has increased by 14.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		97.5%-1.9%
    % Black
    		0.0%-100.0%
    % Hispanic
    		0.4%300.0%
    % Asian
    		0.3%∞%
    % Foreign Born
    		0.8%14.3%
    Loading chart...

    Mortgage and Risk — Eldred, PA

    According to HUD data as of 2023, there were 40 mortgage originations in Eldred, PA, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Eldred, PA. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		40
    % Conventional Loans
    		70.0%
    % Government Loans
    		30.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		10.0%
    % Cash Out Refinance
    		7.0%
    Loading chart...
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    Rentals and Section 8 — Eldred, PA

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

    Section 8 Market Size

    Total Units under HUD
    		47
    Total Units Section 8
    		7
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$740
    2 BedroomN/AN/A$910
    3 BedroomN/AN/A$1,140
    4 BedroomN/AN/A$1,320

    Affordability — Eldred, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2
    Median Home Price$112,000
    Median Household Income$60,000

    Eldred, PA — ZIP Code Boundary Map

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    Frequently Asked Questions