Lilly, PA—15938
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lilly, PA
As of Oct '25, the median home price in Lilly, PA is $137,000, with a year-over-year change of -5.6%. This indicates that home prices in Lilly, PA are decreasing. According to Zillow, the 1-year price projection is -3.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $137,000 | -5.6% |
| Single Family | $137,000 | -7.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lilly, PA
Lilly, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio 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 |
| 4 Bed Rent | $1,500 | $1,500 |
% of Rental Stock
Property Listings — Lilly, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lilly, PA is 8. This is a increase of 6.0% 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 | $205,000 | 43.0% |
Listing Count | 3 | -53.0% |
| Listings as % of Homes | 0.2% | -53.0% |
Days on Market | 8 | 6.0% |
Demographics — Lilly, PA
As of the latest ACS Survey released in 2023, Lilly, PA has a population of 2,310, which has remained stable by -0.2% over the past 5 years. Lilly, PA is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,310 | -0.2% |
% Under 18 | 19.9% | -2.0% |
% Seniors | 22.8% | -7.3% |
% WFH | 2.7% | 125.0% |
% w/ College Degree | 16.0% | -7.5% |
As of the latest ACS Survey released in 2023, Lilly, PA is a predominantly white area, with 96.1% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Lilly, PA is hispanic, making up 0.8% of the population. Foreign-born residents account for 0.1% of the population in Lilly, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.1% | -1.7% |
% Black | 0.2% | -50.0% |
% Hispanic | 0.8% | -20.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.1% | -85.7% |
Mortgage and Risk — Lilly, PA
According to HUD data as of 2023, there were 56 mortgage originations in Lilly, PA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Lilly, PA. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 56 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Lilly, PA
Lilly, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,270 |
| 4 Bedroom | -$120 | $1,500 | $1,380 |
Affordability — Lilly, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $137,000 |
| Median Household Income | $66,700 |