Elizabethville, PA—17023
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Elizabethville, PA
As of Oct '25, the median home price in Elizabethville, PA is $236,000, with a year-over-year change of 5.7%. This indicates that home prices in Elizabethville, PA are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $236,000 | 5.7% |
| Single Family | $236,000 | 5.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $192,000 | 6.1% |
3 Bed | $239,000 | 5.8% |
4 Bed | $290,000 | 7.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Elizabethville, PA
As of July '25, Rentcast reports the average rent in Elizabethville, PA is $1,220, with a year-over-year rent change of 25.5%. Per bedroom, the median rent as of July '25 in Elizabethville, PA is 2-bedrooms: $950, 3-bedrooms: $1,500. The most common rental property sizes in Elizabethville, PA are 2-bedroom and 3-bedroom, accounting for 30.4% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $950 | $950 |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Elizabethville, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Elizabethville, PA is 35. This is a decrease of -23.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $261,000 | 6.0% |
Listing Count | 10 | 4.0% |
| Listings as % of Homes | 0.6% | 4.0% |
Days on Market | 35 | -23.0% |
Demographics — Elizabethville, PA
As of the latest ACS Survey released in 2023, Elizabethville, PA has a population of 3,680, which has increased by 5.8% over the past 5 years. Elizabethville, PA is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 22.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,680 | 5.8% |
% Under 18 | 24.8% | 9.3% |
% Seniors | 16.1% | -14.8% |
% WFH | 11.3% | 182.5% |
% w/ College Degree | 22.1% | 51.4% |
As of the latest ACS Survey released in 2023, Elizabethville, PA is a predominantly white area, with 92.4% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Elizabethville, PA is hispanic, making up 2.1% of the population. Foreign-born residents account for 0.6% of the population in Elizabethville, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.4% | -5.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.1% | 31.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | 50.0% |
Mortgage and Risk — Elizabethville, PA
According to HUD data as of 2023, there were 74 mortgage originations in Elizabethville, PA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Elizabethville, PA. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 74 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Elizabethville, PA
Elizabethville, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 27 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | $200 | $950 | $1,150 |
| 3 Bedroom | -$20 | $1,500 | $1,480 |
| 4 Bedroom | N/A | N/A | $1,530 |
Affordability — Elizabethville, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $236,000 |
| Median Household Income | $77,300 |