Lilly, PA 15938 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lilly, PA—15938

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$131,000

7.6% YoY Growth

Household Income

$66,700

33.2% YoY Growth

Days on Market

139

4.0% Shorter YoY

Home Price Forecast

-2.7%

Median Rent

$1,500

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Lilly, PA

As of May '26, the median home price in Lilly, PA is $131,000, with a year-over-year change of -7.6%. This indicates that home prices in Lilly, PA are decreasing. According to Zillow, the 1-year price projection is -2.7%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$131,000	-7.6%
Single Family	$131,000	-7.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

2.7%

2 Bedrooms

45.3%

3 Bedrooms

45.3%

4 Bedrooms

4.0%

5+ Bedrooms

2.7%

Property Listings — Lilly, PA

As of May '26, Realtor.com reports that the median days on market for a home in Lilly, PA is 139. This is a decrease of -4.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$83,200	-43.0%
Listing Count	3	-9.0%
Listings as % of Homes	0.2%	-9.0%
Days on Market	139	-4.0%

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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%

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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%

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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%

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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

Lilly, PA—15938

Key Metrics at a Glance

Home Price Trends — Lilly, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lilly, PA

% of Rental Stock

Property Listings — Lilly, PA

Demographics — Lilly, PA

Race and Ethnicity

Mortgage and Risk — Lilly, PA

Mortgages

Rentals and Section 8 — Lilly, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lilly, PA

Home Price to Income Ratio

Lilly, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Cresson, PA

Portage, PA

Gallitzin, PA

Loretto, PA

Wilmore

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$131,000
Median Household Income	$66,700

Lilly, PA—15938

Key Metrics at a Glance

Home Price Trends — Lilly, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lilly, PA

% of Rental Stock

Property Listings — Lilly, PA

Demographics — Lilly, PA

Race and Ethnicity

Mortgage and Risk — Lilly, PA

Mortgages

Rentals and Section 8 — Lilly, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lilly, PA

Home Price to Income Ratio

Lilly, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Cresson, PA

Portage, PA

Gallitzin, PA

Loretto, PA

Wilmore

Frequently Asked Questions

What is the average home price in Lilly, PA 15938?

How have home prices in Lilly, PA 15938 changed over the past year?

What is the home price projection for Lilly, PA 15938?

What are the demographics of Lilly, PA 15938?

How long does it take homes to sell in Lilly, PA 15938?

What is the average rent price in Lilly, PA 15938?