Lewistown, PA—17044
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lewistown, PA
As of Oct '25, the median home price in Lewistown, PA is $161,000, with a year-over-year change of 7.5%. This indicates that home prices in Lewistown, PA are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $161,000 | 7.5% |
| Single Family | $161,000 | 7.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $101,000 | 0.0% |
2 Bed | $133,000 | 6.4% |
3 Bed | $169,000 | 7.0% |
4 Bed | $202,000 | 8.0% |
| 5 Bed | $173,000 | 10.2% |
% of Housing Stock
Rental Trends — Lewistown, PA
As of July '25, Rentcast reports the average rent in Lewistown, PA is $932, with a year-over-year rent change of -0.1%. Per bedroom, the median rent as of July '25 in Lewistown, PA is studios: $912, 1-bedrooms: $975, 2-bedrooms: $862, 3-bedrooms: $1,050. The most common rental property sizes in Lewistown, PA are 3-bedroom and 1-bedroom, accounting for 42.0% and 24.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $932 |
| Studio Rent | $675 | $912 |
| 1 Bed Rent | $750 | $975 |
| 2 Bed Rent | $850 | $862 |
| 3 Bed Rent | $1,050 | $1,050 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lewistown, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lewistown, PA is 62. This is a increase of 37.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $160,000 | -10.0% |
Listing Count | 49 | 7.0% |
| Listings as % of Homes | 0.4% | 7.0% |
Days on Market | 62 | 37.0% |
Demographics — Lewistown, PA
As of the latest ACS Survey released in 2023, Lewistown, PA has a population of 20,500, which has decreased by -2.5% over the past 5 years. Lewistown, PA is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 14.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,500 | -2.5% |
% Under 18 | 20.9% | 1.0% |
% Seniors | 22.2% | 8.8% |
% WFH | 4.2% | 40.0% |
% w/ College Degree | 14.0% | 20.7% |
As of the latest ACS Survey released in 2023, Lewistown, PA is a predominantly white area, with 91.6% 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 Lewistown, PA is hispanic, making up 2.6% of the population. Foreign-born residents account for 0.9% of the population in Lewistown, PA, and this percentage has increased by 28.6% 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 | 91.6% | -3.1% |
% Black | 0.6% | -33.3% |
% Hispanic | 2.6% | 0.0% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 0.9% | 28.6% |
Mortgage and Risk — Lewistown, PA
According to HUD data as of 2023, there were 321 mortgage originations in Lewistown, PA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Lewistown, PA. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 321 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Lewistown, PA
Lewistown, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 584 |
Total Units Section 8 | 311 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 96.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $750 | $730 |
| 2 Bedroom | $60 | $850 | $910 |
| 3 Bedroom | $160 | $1,050 | $1,210 |
| 4 Bedroom | N/A | N/A | $1,220 |
Affordability — Lewistown, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $161,000 |
| Median Household Income | $58,300 |