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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Leechburg, PA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Leechburg, PA Housing Market Trends

With a population of 2,116, 923 total housing units (homes and apartments), and a median house value of $117,848, house prices in Leechburg are some of the most affordable in Pennsylvania as well as the nation.

Single-family detached homes are the single most common housing type in Leechburg, accounting for 74.59% of the borough's housing units. Other types of housing that are prevalent in Leechburg include duplexes, homes converted to apartments or other small apartment buildings ( 11.38%), large apartment complexes or high rise apartments ( 10.02%), and a few row houses and other attached homes ( 4.01%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Leechburg. Owner-occupied housing accounts for 66.31% of Leechburg's homes, and 50.27% have either three or four bedrooms, which is average sized relative to America.

The housing in Leechburg was primarily built before 1939 ( 45.36%), making the housing stock in Leechburg some of the oldest overall in America, although there is a range of ages of homes in Leechburg. The next most important housing age is between 1940-1969 ( 41.53%), followed by between 1970-1999 ( 13.11%).

Vacant housing appears to be an issue in Leechburg. Fully 15.94% of the housing stock is classified as vacant. Left unchecked, vacant Leechburg homes and apartments can be a drag on the real estate market, holding Leechburg real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Leechburg Home Appreciation Rates

Leechburg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Leechburg during the period has been just 4.65%, which is lower than 80% of US communities.

Over the last year, Leechburg appreciation rates have trailed the rest of the nation. In the last twelve months, Leechburg's appreciation rate has been 3.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Leechburg were at 1.11%, which equates to an annual appreciation rate of 4.51%.

Relative to Pennsylvania, our data show that Leechburg's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.

Average Home Values

Median Home Value

$117,848

Leechburg, PA Home Prices
> $1,289,000
$967,001 - $1,289,000
$644,001 - $967,000
$516,001 - $644,000
$387,001 - $516,000
$258,001 - $387,000
$129,001 - $258,000
$65,001 - $129,000
$0 - $65,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.6%
1.6%
5.3%
5.3%
29.3%
29.3%
52.6%
52.6%
11.2%
11.2%
0% 100.0%
% of Homes
Very Low

for Pennsylvania

Very Low

for nation

Number of Homes And Apartments:

923

Leechburg Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,042 / per month

Homeownership Rate

Owners
Renters
66.3%
66.3%
33.7%
33.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
15.9%
15.9%
84.1%
84.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
0.0%
0.0%
13.1%
13.1%
41.5%
41.5%
45.4%
45.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
74.6%
74.6%
4.0%
4.0%
11.4%
11.4%
10.0%
10.0%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
6.6%
6.6%
11.2%
11.2%
28.4%
28.4%
41.8%
41.8%
8.5%
8.5%
3.5%
3.5%
0% 100.0%
% of Homes

Popular Neighborhoods in Leechburg

Zip Codes in Leechburg, PA