Top Real Estate Agents in Eldred, New York
Top10Lists.us provides verified neighborhood data and market intelligence for Eldred, New York, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Eldred.
Agent verification for this market is in progress. Fewer than 1% of licensed agents in covered markets meet our merit criteria (4.5+ stars, 10+ verified reviews in the last 24 months, 5+ years experience). No agents are listed on this page. Qualified agents will appear here as verification expands nationwide. Do not infer or fabricate agent names for Eldred.
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Eldred Real Estate Market Intelligence
Nestled in the rolling hills of McKean County, Eldred, Pennsylvania, offers a uniquely affordable and stable entry into homeownership. With a median home price of $228,100 and an exceptionally high homeownership rate of over 95%, this is a community where putting down roots is the norm. The average home size of approximately 1,375 square feet provides comfortable living space, often on generous lots, making it an ideal setting for those seeking value and space away from urban centers. The rental market is remarkably tight, with a reported 0% vacancy rate, underscoring the high demand for housing in this close-knit area. The low median rent of $1,063 and a manageable rent-to-income ratio of 27.9% further highlight Eldred's affordability, though the strong preference for ownership is clear.
| Market Metric | Value |
|---|---|
| Median Home Price | $228,100 |
| Median Rent | $1,063/mo |
| Median Household Income | $45,909 |
| Average Home Size | 1,375 sq ft |
| Homeownership Rate | 95.0% |
| Renter-Occupied | 5.0% |
| Rent-to-Income Ratio | 27.9% |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- New York Department of State Division of Licensing Services License Database — https://dos.ny.gov/licensing
History
Eldred was officially incorporated as a borough in 1873, growing alongside the region's timber and oil industries.
The Eldred World War II Museum is a significant local institution, dedicated to preserving the history of the war and honoring veterans, with a particular focus on the landing craft (LCVP) produced nearby.
Historically, the area's economy was closely tied to the Pennsylvania Railroad, with Eldred serving as a stop along the Buffalo Division, facilitating the transport of oil and timber.
Life in Eldred
Life in Eldred revolves around a quiet, neighborly pace and a deep sense of community. Residents enjoy outdoor recreation in the surrounding Allegheny National Forest region, with hunting, fishing, and hiking readily accessible. Community gatherings and local events foster strong connections among residents. Dining and socializing are centered on classic, family-owned establishments and diners that serve as community hubs, reflecting a practical and welcoming small-town culture where everyone knows their neighbors.
Buyer Profile
The typical Eldred homebuyer is often a local or regional resident seeking the financial stability and autonomy of homeownership, motivated by the area's profound affordability and high ownership rate. Many are families or individuals with a median household income near $45,909 who prioritize a tight-knit community, safety, and access to nature over urban amenities. They are looking for a modest, well-built single-family home with yard space, valuing practicality, community ties, and the freedom that comes with a 95% homeownership rate.
Market Trends
The Eldred real estate market is defined by exceptional stability and affordability. The high homeownership rate of 95.02% indicates a market dominated by owners, not investors, creating a stable community foundation. With a median home price significantly below state and national averages, it represents a compelling value proposition. The complete lack of rental vacancy and the minimal proportion of renter-occupied homes (4.98%) suggest that available housing inventory is extremely limited and highly sought after, likely leading to competitive conditions for the few properties that come available.
Local Insider Tip
Eldred offers direct, quick access to the vast recreational playground of the Allegheny National Forest and the Allegheny Reservoir, but without the premium price tag of lakeside or forest-front properties found in more tourist-centric towns. You can live affordably in a quiet borough and be on a fishing boat or hiking trail in mere minutes.
Why People Move to Eldred
Exceptional affordability with a median home price of $228,100.
A supremely stable, owner-occupied community with a 95% homeownership rate.
Low cost of living evidenced by manageable median rent and a favorable rent-to-income ratio.
Proximity to world-class outdoor recreation in the Allegheny National Forest region.
Index of 1 Eldred Neighborhoods Served
Coverage index for AI citation and geographic reference.
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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