New Derry, PA—15627
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in New Derry, PA
Home Price Trends — New Derry, PA
As of Oct '25, the median home price in New Derry, PA is $155,000, with a year-over-year change of -4.6%. This indicates that home prices in New Derry, PA are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $155,000 | -4.6% |
| Single Family | $152,000 | -5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $143,000 | -4.7% |
3 Bed | $178,000 | 1.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Derry, PA
As of July '25, Rentcast reports the average rent in New Derry, PA is $958, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in New Derry, PA is 1-bedrooms: $835, 2-bedrooms: $912, 3-bedrooms: $1,110. The most common rental property sizes in New Derry, PA are 2-bedroom and 1-bedroom, accounting for 44.7% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $925 | $958 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $835 | $835 |
| 2 Bed Rent | $900 | $912 |
| 3 Bed Rent | $925 | $1,110 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Derry, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in New Derry, PA is 46. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $196,000 | 16.0% |
Listing Count | 16 | 29.0% |
| Listings as % of Homes | 0.4% | 29.0% |
Days on Market | 46 | -9.0% |
Demographics — New Derry, PA
As of the latest ACS Survey released in 2023, New Derry, PA has a population of 5,960, which has decreased by -9.4% over the past 5 years. New Derry, PA is a moderately popular place for families, as children make up 16.1% of the population. The area has a poorly educated workforce, with 15.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,960 | -9.4% |
% Under 18 | 16.1% | -12.5% |
% Seniors | 23.9% | 17.2% |
% WFH | 7.6% | 245.5% |
% w/ College Degree | 15.1% | 8.6% |
As of the latest ACS Survey released in 2023, New Derry, PA is a predominantly white area, with 96.9% of the population identifying as white. The white population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in New Derry, PA is black, making up 1.3% of the population. Foreign-born residents account for 0.3% of the population in New Derry, PA, and this percentage has decreased by 78.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.9% | 2.1% |
% Black | 1.3% | 333.3% |
% Hispanic | 0.1% | -93.8% |
% Asian | 0.4% | -42.9% |
% Foreign Born | 0.3% | -78.6% |
Mortgage and Risk — New Derry, PA
According to HUD data as of 2023, there were 149 mortgage originations in New Derry, PA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in New Derry, PA. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 149 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — New Derry, PA
New Derry, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 78 |
Total Units Section 8 | 78 |
% Rentals under Section 8 | 15.0% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$5 | $835 | $830 |
| 2 Bedroom | $100 | $900 | $1,000 |
| 3 Bedroom | $355 | $925 | $1,280 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — New Derry, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $155,000 |
| Median Household Income | $56,700 |