Lemont Furnace, PA—15456
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lemont Furnace, PA
As of Oct '25, the median home price in Lemont Furnace, PA is $133,000, with a year-over-year change of 2.0%. This indicates that home prices in Lemont Furnace, PA are increasing. According to Zillow, the 1-year price projection is -2.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $133,000 | 2.0% |
| Single Family | $133,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $116,000 | 0.9% |
3 Bed | $173,000 | 3.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lemont Furnace, PA
As of July '25, Rentcast reports the average rent in Lemont Furnace, PA is $1,140, with a year-over-year rent change of 25.0%. Per bedroom, the median rent as of July '25 in Lemont Furnace, PA is 2-bedrooms: $1,090, 3-bedrooms: $1,250. The most common rental property sizes in Lemont Furnace, PA are 2-bedroom and 1-bedroom, accounting for 76.9% and 14.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $975 | $1,090 |
| 3 Bed Rent | $1,250 | $1,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lemont Furnace, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lemont Furnace, PA is 5. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | 90.0% |
Listing Count | 2 | -11.0% |
| Listings as % of Homes | 0.3% | -11.0% |
Days on Market | 5 | 8.0% |
Demographics — Lemont Furnace, PA
As of the latest ACS Survey released in 2023, Lemont Furnace, PA has a population of 2,250, which has decreased by -13.0% over the past 5 years. Lemont Furnace, PA is a less popular place for families, as children make up 13.6% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,250 | -13.0% |
% Under 18 | 13.6% | -19.0% |
% Seniors | 28.2% | 36.9% |
% WFH | 11.7% | 303.4% |
% w/ College Degree | 19.0% | 131.7% |
As of the latest ACS Survey released in 2023, Lemont Furnace, PA is a predominantly white area, with 96.0% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Lemont Furnace, PA is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.4% of the population in Lemont Furnace, PA, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.0% | 0.6% |
% Black | 0.1% | -94.4% |
% Hispanic | 1.2% | -14.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | ∞% |
Mortgage and Risk — Lemont Furnace, PA
According to HUD data as of 2023, there were 39 mortgage originations in Lemont Furnace, PA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Lemont Furnace, PA. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 39 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Lemont Furnace, PA
Lemont Furnace, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 29 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | $45 | $975 | $1,020 |
| 3 Bedroom | $50 | $1,250 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Lemont Furnace, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $133,000 |
| Median Household Income | $46,500 |