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New Florence, PA

Full City Profile · Pennsylvania · Indiana County County

3.3 /5.0
B Good
670 Population 2,030/sq mi density
$56,339 Median Income $27,398 per capita
$108,900 Home Value $143,251 Zillow
$617 Median Rent 30.0% income on rent
50°F Avg Temperature 275 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$56,339 median income, 6.3% unemployment
A+
Affordability
5.0 / 5.0
$108,900 home value, $617/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.5 / 5.0
18.5% bachelor's degree or higher

Housing Overview

Median Home Value
$108,900
61% below
US avg: $281,900
Median Rent
$617/mo
47% below
US avg: $1,163/mo
Homeownership Rate
73.6%
13% above US avg (65.4%)
Total Housing Units
311
Median year built: 1954

Home Value by Source

Census Median
$108,900
Zillow (ZHVI)
$143,251
Median Sale Price
$169,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.6%
Owner-Occupied
26.4%
Renter-Occupied
74%
26%
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: $617/mo

Market Indicators (Redfin)

Median Days on Market
169 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
$90
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
73.6%

Complete Housing Data

Home Values

Census Median Value$108,900
Zillow Home Value (ZHVI)$143,251
Median Sale Price$169,900
Price Per Sq Ft$90

Rent

Census Median Rent$617
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 Market169
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$90

Ownership & Stock

Owner-Occupied73.6%
Renter-Occupied26.4%
Homeownership Rate73.6%
Total Housing Units311
Median Year Built1954
Rent Burden30.0%