Hummelstown, PA—17036
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hummelstown, PA
As of Oct '25, the median home price in Hummelstown, PA is $374,000, with a year-over-year change of 4.0%. This indicates that home prices in Hummelstown, PA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $374,000 | 4.0% |
| Single Family | $377,000 | 4.1% |
| Condos | $306,000 | 3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $278,000 | 4.9% |
3 Bed | $336,000 | 4.0% |
4 Bed | $524,000 | 5.4% |
| 5 Bed | $729,000 | 3.7% |
% of Housing Stock
Rental Trends — Hummelstown, PA
As of July '25, Rentcast reports the average rent in Hummelstown, PA is $1,980, with a year-over-year rent change of 4.8%. Per bedroom, the median rent as of July '25 in Hummelstown, PA is studios: $1,470, 1-bedrooms: $1,550, 2-bedrooms: $1,820, 3-bedrooms: $2,330, 4-bedrooms: $2,720. The most common rental property sizes in Hummelstown, PA are 2-bedroom and 1-bedroom, accounting for 46.6% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,980 |
| Studio Rent | $1,470 | $1,470 |
| 1 Bed Rent | $1,450 | $1,550 |
| 2 Bed Rent | $1,800 | $1,820 |
| 3 Bed Rent | $2,250 | $2,330 |
| 4 Bed Rent | $2,750 | $2,720 |
% of Rental Stock
Property Listings — Hummelstown, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hummelstown, PA is 43. 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $334,000 | -11.0% |
Listing Count | 72 | -6.0% |
| Listings as % of Homes | 0.3% | -6.0% |
Days on Market | 43 | -23.0% |
Demographics — Hummelstown, PA
As of the latest ACS Survey released in 2023, Hummelstown, PA has a population of 22,500, which has remained stable by -0.6% over the past 5 years. Hummelstown, PA is a moderately popular place for families, as children make up 22.9% of the population. The area has a highly educated workforce, with 60.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,500 | -0.6% |
% Under 18 | 22.9% | 5.0% |
% Seniors | 17.4% | 8.1% |
% WFH | 18.6% | 279.6% |
% w/ College Degree | 60.2% | 28.1% |
As of the latest ACS Survey released in 2023, Hummelstown, PA is a predominantly white area, with 81.8% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Hummelstown, PA is asian, making up 8.3% of the population. Foreign-born residents account for 9.7% of the population in Hummelstown, PA, and this percentage has increased by 29.3% 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 | 81.8% | -0.7% |
% Black | 0.7% | -73.1% |
% Hispanic | 6.7% | -2.9% |
% Asian | 8.3% | 53.7% |
% Foreign Born | 9.7% | 29.3% |
Mortgage and Risk — Hummelstown, PA
According to HUD data as of 2023, there were 433 mortgage originations in Hummelstown, PA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Hummelstown, PA. Investor activity is low, as 2.0% 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 | 433 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Hummelstown, PA
As of 2024, the percent of homes in Hummelstown, PA under the Section 8 program is 9.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hummelstown, PA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 239 |
Total Units Section 8 | 239 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 85.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $1,450 | $1,320 |
| 2 Bedroom | -$180 | $1,800 | $1,620 |
| 3 Bedroom | -$170 | $2,250 | $2,080 |
| 4 Bedroom | -$600 | $2,750 | $2,150 |
Affordability — Hummelstown, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $374,000 |
| Median Household Income | $105,000 |