Punxsutawney, PA15767

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$121,000
3.1% YoY Growth
Median Household Income
$49,900
14.8% 5-Year Growth
Days on Market
44
29.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Punxsutawney, PA

As of Oct '25, Realtor.com reports that the median days on market for a home in Punxsutawney, PA is 44. This is a decrease of -29.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$293,00019.0%
Listing Count
4214.0%
Listings as % of Homes0.7%14.0%
Days on Market
44-29.0%
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Demographics — Punxsutawney, PA

As of the latest ACS Survey released in 2023, Punxsutawney, PA has a population of 14,100, which has decreased by -1.6% over the past 5 years. Punxsutawney, PA is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
14,100-1.6%
% Under 18
22.3%-1.3%
% Seniors
23.5%25.7%
% WFH
3.9%39.3%
% w/ College Degree
18.5%2.2%
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As of the latest ACS Survey released in 2023, Punxsutawney, PA is a predominantly white area, with 97.2% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Punxsutawney, PA is hispanic, making up 0.4% of the population. Foreign-born residents account for 0.1% of the population in Punxsutawney, PA, and this percentage has decreased by 85.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
97.2%-0.4%
% Black
0.2%-50.0%
% Hispanic
0.4%-42.9%
% Asian
0.0%-100.0%
% Foreign Born
0.1%-85.7%
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Mortgage and Risk — Punxsutawney, PA

According to HUD data as of 2023, there were 227 mortgage originations in Punxsutawney, PA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Punxsutawney, PA. Investor activity is low, as 3.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
227
% Conventional Loans
89.0%
% Government Loans
11.0%
% Investor Loans
3.0%
% Second Loans
1.0%
% Cash Out Refinance
3.0%

Loan Activity

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Rentals and Section 8 — Punxsutawney, PA

Punxsutawney, PA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
433
Total Units Section 8
320
% Rentals under Section 8
N/A
% Occupied Section 8
92.1%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$780
2 BedroomN/AN/A$980
3 BedroomN/AN/A$1,210
4 BedroomN/AN/A$1,360

Affordability — Punxsutawney, PA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.2
Median Home Price$121,000
Median Household Income$49,900

Punxsutawney, PA — ZIP Code Boundary Map

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Frequently Asked Questions