Pennsylvania Furnace, PA—16865
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pennsylvania Furnace, PA
As of Oct '25, the median home price in Pennsylvania Furnace, PA is $340,000, with a year-over-year change of 5.3%. This indicates that home prices in Pennsylvania Furnace, PA are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $340,000 | 5.3% |
| Single Family | $341,000 | 4.6% |
| 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 | $327,000 | 4.8% |
4 Bed | $417,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pennsylvania Furnace, PA
As of July '25, Rentcast reports the average rent in Pennsylvania Furnace, PA is $2,350, with a year-over-year rent change of -9.6%. Per bedroom, the median rent as of July '25 in Pennsylvania Furnace, PA is 4-bedrooms: $2,350. The most common rental property sizes in Pennsylvania Furnace, PA are 3-bedroom and 2-bedroom, accounting for 45.0% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,350 |
| 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 | $2,200 | $2,350 |
% of Rental Stock
Property Listings — Pennsylvania Furnace, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pennsylvania Furnace, PA is 88. This is a increase of 22.0% 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 | $375,000 | 90.0% |
Listing Count | 5 | 44.0% |
| Listings as % of Homes | 0.1% | 44.0% |
Days on Market | 88 | 22.0% |
Demographics — Pennsylvania Furnace, PA
As of the latest ACS Survey released in 2023, Pennsylvania Furnace, PA has a population of 1,660, which has decreased by -7.2% over the past 5 years. Pennsylvania Furnace, PA is a less popular place for families, as children make up 11.5% of the population. The area has a highly educated workforce, with 48.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,660 | -7.2% |
% Under 18 | 11.5% | -17.3% |
% Seniors | 29.7% | 39.4% |
% WFH | 13.8% | 245.0% |
% w/ College Degree | 48.5% | -4.3% |
As of the latest ACS Survey released in 2023, Pennsylvania Furnace, PA is a predominantly white area, with 93.8% of the population identifying as white. The white population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Pennsylvania Furnace, PA is black, making up 1.4% of the population. Foreign-born residents account for 4.5% of the population in Pennsylvania Furnace, PA, and this percentage has increased by 55.2% 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 | 93.8% | 4.0% |
% Black | 1.4% | -76.7% |
% Hispanic | 1.2% | 33.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 4.5% | 55.2% |
Mortgage and Risk — Pennsylvania Furnace, PA
According to HUD data as of 2023, there were 75 mortgage originations in Pennsylvania Furnace, PA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Pennsylvania Furnace, PA. Investor activity is low, as 1.0% 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 | 75 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Pennsylvania Furnace, PA
Pennsylvania Furnace, 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 | $1,460 |
| 2 Bedroom | N/A | N/A | $1,700 |
| 3 Bedroom | N/A | N/A | $2,080 |
| 4 Bedroom | $90 | $2,200 | $2,290 |
Affordability — Pennsylvania Furnace, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $340,000 |
| Median Household Income | $76,400 |