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Fairchance, PA

Full City Profile · Pennsylvania · Fayette County County

2.6 /5.0
C+ Fair
1,429 Population 1,201/sq mi density
$38,427 Median Income $29,353 per capita
$159,000 Home Value $133,637 Zillow
$707 Median Rent 39.9% income on rent
52°F Avg Temperature 293 sunny days/yr
404 Violent Crime/100K 4,616 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$38,427 median income, 3.9% unemployment
A
Affordability
4.3 / 5.0
$159,000 home value, $707/mo rent
F
Safety
1.0 / 5.0
404 violent crimes/100K (6% above avg)
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher

Housing Overview

Median Home Value
$159,000
44% below
US avg: $281,900
Median Rent
$707/mo
39% below
US avg: $1,163/mo
Homeownership Rate
55.6%
15% below US avg (65.4%)
Total Housing Units
885
Median year built: 1972

Home Value by Source

Census Median
$159,000
Zillow (ZHVI)
$133,637
Median Sale Price
$275,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.6%
Owner-Occupied
44.4%
Renter-Occupied
56%
44%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent: $707/mo

Market Indicators (Redfin)

Median Days on Market
80 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$97
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
39.9%
of renters spending 30%+ of income on housing
29% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
55.6%

Complete Housing Data

Home Values

Census Median Value$159,000
Zillow Home Value (ZHVI)$133,637
Median Sale Price$275,000
Price Per Sq Ft$97

Rent

Census Median Rent$707
FMR Studio$900
FMR 1-Bedroom$996
FMR 2-Bedroom$1,225
FMR 3-Bedroom$1,570
FMR 4-Bedroom$1,744

Market

Days on Market80
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$97

Ownership & Stock

Owner-Occupied55.6%
Renter-Occupied44.4%
Homeownership Rate55.6%
Total Housing Units885
Median Year Built1972
Rent Burden39.9%