A typical Colerain home is worth roughly $274,000
Home prices around Colerain have risen about 50% over the past 5 years. No new homes were permitted in 2025.
Home prices up 50% in 5 years
The federal house price index for the ZIP codes around Colerain rose 50% over the past 5 years, about the same as across Pennsylvania. Last year prices rose 2.2%. Carrying the Census median home value forward with that index puts the typical Colerain home at roughly $274,000 today.
Carrying the Census median forward with the index puts a typical home at about $274K.
How Colerain ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Colerain, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 4.1 years of income
More than across Pennsylvania (3.7 years). Try your own numbers below.
That’s $6K short of a typical Colerain home.
A two-bedroom rents for about $990 a month here, $610 less than owning.
How Colerain ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Colerain’s typical property tax (0.72% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $990
Renters already here pay a median of $783, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bedford County, PA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Colerain in 2025. The last year with any was 2023 (3 new homes).
Between the 2010 and 2020 censuses, Colerain's population fell by 63 even though 18 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Pennsylvania: 1.4 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 3 | 3 | 0 | $396,000 |
| 2022 | 4 | 4 | 0 | $1 million |
| 2021 | 2 | 2 | 0 | $656,000 |
| 2020 | 1 | 1 | 0 | $100,000 |
| 2019 | 1 | 1 | 0 | $250,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 2 | 2 | 0 | $324,000 |
| 2016 | 1 | 1 | 0 | $60,000 |
| 2015 | 1 | 1 | 0 | $150,000 |
| 2014 | 4 | 4 | 0 | $624,000 |
| 2013 | 4 | 4 | 0 | $543,000 |
| 2012 | 2 | 2 | 0 | $380,000 |
| 2011 | 1 | 1 | 0 | $165,000 |
| 2010 | 2 | 2 | 0 | $447,000 |
| 2009 | 4 | 4 | 0 | $663,000 |
| 2008 | 1 | 1 | 0 | $150,000 |
| 2007 | 6 | 6 | 0 | $965,000 |
| 2006 | 2 | 2 | 0 | $633,000 |
| 2005 | 1 | 1 | 0 | $205,000 |
| 2004 | 13 | 13 | 0 | $1.5 million |
| 2003 | 7 | 7 | 0 | $925,000 |
| 2002 | 6 | 6 | 0 | $846,000 |
| 2001 | 8 | 8 | 0 | $557,000 |
| 2000 | 1 | 1 | 0 | $105,000 |
How Colerain ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
86% of Colerain households own their home
Half of Colerain’s homes were built before 1974.
Pennsylvania: 69% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Colerain vs. its neighbors
Colerain is the 2nd priciest of 7 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Colerain | $274K* | +2.2%† | $990 | 0 | $66,607 |
| Monroe | $209K* | — | $1,100 | 2 | $58,056 |
| Cumberland Valley | $252K* | +2.1%† | $990 | 1 | $67,361 |
| Bedford | $192K* | +2.1%† | $990 | 3 | $61,136 |
| Southampton | $216K* | — | $1,120 | 0 | $56,336 |
| Snake Spring | $281K* | +5.5%† | $970 | 2 | $73,571 |
| West Providence | $180K* | +6%† | $980 | 11 | $79,844 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Colerain buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.