Summerhill, PA15958

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$161,000
0.7% YoY Growth
Median Household Income
$69,300
16.1% 5-Year Growth
Days on Market
23
50.0% Longer than last year
Home Price Forecast
-2.2%
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 — Summerhill, PA

As of Oct '25, Realtor.com reports that the median days on market for a home in Summerhill, PA is 23. This is a increase of 50.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$120,000194.0%
Listing Count
20.0%
Listings as % of Homes0.2%0.0%
Days on Market
2350.0%
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Demographics — Summerhill, PA

As of the latest ACS Survey released in 2023, Summerhill, PA has a population of 2,190, which has remained stable by 0.3% over the past 5 years. Summerhill, PA is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 24.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,1900.3%
% Under 18
24.2%-1.2%
% Seniors
22.1%13.9%
% WFH
15.6%254.5%
% w/ College Degree
24.0%11.1%
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As of the latest ACS Survey released in 2023, Summerhill, PA is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Summerhill, PA is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.3% of the population in Summerhill, PA, and this percentage has increased by 50.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.9%-3.1%
% Black
0.1%∞%
% Hispanic
1.3%160.0%
% Asian
0.0%N/A
% Foreign Born
0.3%50.0%
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Mortgage and Risk — Summerhill, PA

According to HUD data as of 2023, there were 30 mortgage originations in Summerhill, PA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Summerhill, PA. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
30
% Conventional Loans
97.0%
% Government Loans
3.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Summerhill, PA

Summerhill, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$770
2 BedroomN/AN/A$960
3 BedroomN/AN/A$1,290
4 BedroomN/AN/A$1,410

Affordability — Summerhill, PA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$161,000
Median Household Income$69,300

Summerhill, PA — ZIP Code Boundary Map

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Frequently Asked Questions