New Florence, PA 15944 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

New Florence, PA—15944

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$149,000

1.4% YoY Growth

Household Income

$70,100

36.0% YoY Growth

Days on Market

34.0% Shorter YoY

Home Price Forecast

-1.0%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — New Florence, PA

As of May '26, the median home price in New Florence, PA is $149,000, with a year-over-year change of 1.4%. This indicates that home prices in New Florence, PA are increasing. 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	$149,000	1.4%
Single Family	$149,000	1.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — New Florence, PA

New Florence, PA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
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	N/A	N/A

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% of Rental Stock

1 Bedroom

8.7%

2 Bedrooms

26.6%

3 Bedrooms

57.8%

4 Bedrooms

5.2%

5+ Bedrooms

1.7%

Property Listings — New Florence, PA

As of May '26, Realtor.com reports that the median days on market for a home in New Florence, PA is 62. This is a decrease of -34.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$185,000	-46.0%
Listing Count	7	11.0%
Listings as % of Homes	0.7%	11.0%
Days on Market	62	-34.0%

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Demographics — New Florence, PA

As of the latest ACS Survey released in 2023, New Florence, PA has a population of 3,200, which has increased by 3.8% over the past 5 years. New Florence, PA is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 22.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,200	3.8%
% Under 18	23.8%	35.2%
% Seniors	20.1%	-14.5%
% WFH	7.4%	89.7%
% w/ College Degree	22.5%	48.0%

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As of the latest ACS Survey released in 2023, New Florence, PA is a predominantly white area, with 96.2% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in New Florence, PA is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.1% of the population in New Florence, PA, and this percentage has decreased by 93.3% 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	96.2%	0.7%
% Black	0.1%	-75.0%
% Hispanic	2.3%	-34.3%
% Asian	0.1%	-50.0%
% Foreign Born	0.1%	-93.3%

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Mortgage and Risk — New Florence, PA

According to HUD data as of 2023, there were 155 mortgage originations in New Florence, PA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in New Florence, PA. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	155
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	4.0%

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Rentals and Section 8 — New Florence, PA

New Florence, PA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	41
Total Units Section 8	1
% Rentals under Section 8	1.7%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$880
2 Bedroom	N/A	N/A	$1,040
3 Bedroom	N/A	N/A	$1,350
4 Bedroom	N/A	N/A	$1,480

New Florence, PA—15944

Key Metrics at a Glance

Home Price Trends — New Florence, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New Florence, PA

% of Rental Stock

Property Listings — New Florence, PA

Demographics — New Florence, PA

Race and Ethnicity

Mortgage and Risk — New Florence, PA

Mortgages

Rentals and Section 8 — New Florence, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — New Florence, PA

Home Price to Income Ratio

New Florence, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Robinson, PA

Bolivar, PA

Seward, PA

Armagh, PA

Johnstown, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2
Median Home Price	$149,000
Median Household Income	$70,100

New Florence, PA—15944

Key Metrics at a Glance

Home Price Trends — New Florence, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New Florence, PA

% of Rental Stock

Property Listings — New Florence, PA

Demographics — New Florence, PA

Race and Ethnicity

Mortgage and Risk — New Florence, PA

Mortgages

Rentals and Section 8 — New Florence, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — New Florence, PA

Home Price to Income Ratio

New Florence, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Robinson, PA

Bolivar, PA

Seward, PA

Armagh, PA

Johnstown, PA

Frequently Asked Questions

What is the average home price in New Florence, PA 15944?

How have home prices in New Florence, PA 15944 changed over the past year?

What is the home price projection for New Florence, PA 15944?

What are the demographics of New Florence, PA 15944?

How long does it take homes to sell in New Florence, PA 15944?

What is the average rent price in New Florence, PA 15944?