Lykens, PA—17048
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lykens, PA
As of Oct '25, the median home price in Lykens, PA is $150,000, with a year-over-year change of 4.8%. This indicates that home prices in Lykens, 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 | $150,000 | 4.8% |
| Single Family | $151,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $118,000 | 1.7% |
3 Bed | $159,000 | 5.3% |
4 Bed | $173,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lykens, PA
As of July '25, Rentcast reports the average rent in Lykens, PA is $1,320, with a year-over-year rent change of 10.0%. Per bedroom, the median rent as of July '25 in Lykens, PA is 2-bedrooms: $1,320. The most common rental property sizes in Lykens, PA are 4-bedroom and 2-bedroom, accounting for 28.5% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $950 | $1,320 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lykens, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lykens, PA is 43. This is a increase of 112.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $154,000 | -55.0% |
Listing Count | 18 | 36.0% |
| Listings as % of Homes | 0.6% | 36.0% |
Days on Market | 43 | 112.0% |
Demographics — Lykens, PA
As of the latest ACS Survey released in 2023, Lykens, PA has a population of 3,800, which has decreased by -4.7% over the past 5 years. Lykens, PA is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,800 | -4.7% |
% Under 18 | 25.3% | -14.5% |
% Seniors | 18.0% | 5.9% |
% WFH | 11.8% | 10.3% |
% w/ College Degree | 13.1% | 26.0% |
As of the latest ACS Survey released in 2023, Lykens, PA is a predominantly white area, with 88.1% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Lykens, PA is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.0% of the population in Lykens, PA, and this percentage has increased by 42.9% 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 | 88.1% | -9.9% |
% Black | 0.2% | 0.0% |
% Hispanic | 2.3% | 76.9% |
% Asian | 1.7% | 1,600.0% |
% Foreign Born | 1.0% | 42.9% |
Mortgage and Risk — Lykens, PA
According to HUD data as of 2023, there were 123 mortgage originations in Lykens, PA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Lykens, PA. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 123 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Lykens, PA
Lykens, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 69 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | $250 | $950 | $1,200 |
| 3 Bedroom | N/A | N/A | $1,540 |
| 4 Bedroom | N/A | N/A | $1,590 |
Affordability — Lykens, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $150,000 |
| Median Household Income | $72,900 |