Martinsburg, PA 16662 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Martinsburg, PA—16662

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$235,000

5.6% YoY Growth

Household Income

$70,900

30.2% YoY Growth

Days on Market

28.0% Shorter YoY

Home Price Forecast

-0.8%

Median Rent

$1,500

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,500

N/A

Home Price Trends — Martinsburg, PA

As of Dec '25, the median home price in Martinsburg, PA is $235,000, with a year-over-year change of 5.6%. This indicates that home prices in Martinsburg, PA are increasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$235,000	5.6%
Single Family	$235,000	6.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Martinsburg, PA

Martinsburg, 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	$1,500	$1,500
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.8%

1 Bedroom

17.4%

2 Bedrooms

49.3%

3 Bedrooms

25.1%

4 Bedrooms

2.8%

5+ Bedrooms

2.6%

Property Listings — Martinsburg, PA

As of Dec '25, Realtor.com reports that the median days on market for a home in Martinsburg, PA is 65. This is a decrease of -27.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$316,000	14.0%
Listing Count	10	-22.0%
Listings as % of Homes	0.3%	-22.0%
Days on Market	31	-28.0%

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Demographics — Martinsburg, PA

As of the latest ACS Survey released in 2023, Martinsburg, PA has a population of 5,870, which has increased by 6.3% over the past 5 years. Martinsburg, PA is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 20.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,870	6.3%
% Under 18	23.0%	1.8%
% Seniors	25.4%	-3.4%
% WFH	9.7%	98.0%
% w/ College Degree	20.6%	9.6%

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As of the latest ACS Survey released in 2023, Martinsburg, PA is a predominantly white area, with 95.6% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Martinsburg, PA is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.4% of the population in Martinsburg, PA, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	95.6%	-3.7%
% Black	0.6%	100.0%
% Hispanic	1.2%	1,100.0%
% Asian	0.1%	∞%
% Foreign Born	0.4%	100.0%

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Mortgage and Risk — Martinsburg, PA

According to HUD data as of 2023, there were 64 mortgage originations in Martinsburg, PA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Martinsburg, PA. Investor activity is low, as 14.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	64
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	14.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Martinsburg, PA

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

Section 8 Market Size

Total Units under HUD	48
Total Units Section 8	48
% Rentals under Section 8	9.7%
% Occupied Section 8	76.0%

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	$1,070
3 Bedroom	-$160	$1,500	$1,340
4 Bedroom	N/A	N/A	$1,540

Martinsburg, PA—16662

Key Metrics at a Glance

Home Price Trends — Martinsburg, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Martinsburg, PA

% of Rental Stock

Property Listings — Martinsburg, PA

Demographics — Martinsburg, PA

Race and Ethnicity

Mortgage and Risk — Martinsburg, PA

Mortgages

Rentals and Section 8 — Martinsburg, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Martinsburg, PA

Home Price to Income Ratio

Martinsburg, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Roaring Spring, PA

Saxton, PA

James Creek, PA

Hollidaysburg, PA

Newry

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$235,000
Median Household Income	$70,900

Martinsburg, PA—16662

Key Metrics at a Glance

Home Price Trends — Martinsburg, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Martinsburg, PA

% of Rental Stock

Property Listings — Martinsburg, PA

Demographics — Martinsburg, PA

Race and Ethnicity

Mortgage and Risk — Martinsburg, PA

Mortgages

Rentals and Section 8 — Martinsburg, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Martinsburg, PA

Home Price to Income Ratio

Martinsburg, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Roaring Spring, PA

Saxton, PA

James Creek, PA

Hollidaysburg, PA

Newry

Frequently Asked Questions

What is the average home price in Martinsburg, PA 16662?

How have home prices in Martinsburg, PA 16662 changed over the past year?

What is the home price projection for Martinsburg, PA 16662?

What are the demographics of Martinsburg, PA 16662?

How long does it take homes to sell in Martinsburg, PA 16662?

What is the average rent price in Martinsburg, PA 16662?