Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$143,795−1.6% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$31,172About 0.5× the local median income ($60,039): affordable for a typical household
Days on market68 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.2%Zillow expects prices to rise slightly
The typical home in Fayette County, PA is worth $143,795, down 1.6% from a year ago. That is well below what local incomes have historically supported: fair value is about $170,461, so the area is 15.6% undervalued. It is a buyer's market: homes take about 68 days to sell, listings are up 14% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 1.2% over the next year. A household needs about $31,172 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,039. Typical rent is $923 a month, or $1,044 for a house. In the latest IRS figures, 10 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$143,795
Change in 1 year
−1.6%
Overvalued %
−15.6%
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Fair home value
$170,461
Change in 5 years
+5.6%
Zillow forecast, next 12 months
+1.2%
Home value to income
2.4×
Monthly mortgage payment (20% down)
$779
Income needed to afford it
$31,172
Property tax rate
1.12%
Rent and investing
Typical rent
$923
Typical rent for houses
$1,044
Price-to-rent ratio
13.0×
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HUD Fair Market Rent, 2 bedrooms
$1,389
Gross rental yield
7.71%
Cap rate (estimate)
5.01%
Market activity
Listings vs a year ago
+14.0%
Days on market
68
Listings with a price cut
20.2%
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Homes for sale
294
Pending sales per 100 listings
46
Asking price per sq ft
$108
People and jobs
Median household income
$60,039
Population change (1 year)
−0.8%
Unemployment rate
6.3%
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Population
123,021
Income adjusted for cost of living
$63,399
Net moves in (IRS)
−10
Cost of living (US = 100)
94.7
Schools, risk and environment
School rating (1 to 10)
4.3
FEMA hazard risk score (0 to 100)
82.2
Unhealthy air days a year
0
Show 4 more
Flood risk score
90.6
Wildfire risk score
45.2
Walkability (1 to 20)
6.8
Road, rail and air noise
53 dB
Questions people ask
Is Fayette County, PA overvalued?
Home prices in Fayette County, PA are well below what local incomes have historically supported: fair value is about $170,461, so the area is 15.6% undervalued.
Is Fayette County, PA a buyer's or seller's market?
Fayette County, PA is a buyer's market: homes take about 68 days to sell, listings are up 14% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Fayette County, PA?
Home values in Fayette County, PA are down 1.6% over the last year. Zillow's forecast for the next 12 months is +1.2%.
How much do you need to earn to buy a home in Fayette County, PA?
A household needs about $31,172 a year to afford the typical home in Fayette County, PA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,039.