Milroy, PA—17063
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Milroy, PA
As of Oct '25, the median home price in Milroy, PA is $180,000, with a year-over-year change of 7.5%. This indicates that home prices in Milroy, PA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $180,000 | 7.5% |
| Single Family | $180,000 | 7.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $156,000 | 6.8% |
3 Bed | $192,000 | 7.3% |
4 Bed | $224,000 | 8.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Milroy, PA
Milroy, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Milroy, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Milroy, PA is 134. This is a decrease of -27.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $235,000 | -9.0% |
Listing Count | 16 | -27.0% |
| Listings as % of Homes | 1.1% | -27.0% |
Days on Market | 134 | -27.0% |
Demographics — Milroy, PA
As of the latest ACS Survey released in 2023, Milroy, PA has a population of 3,190, which has decreased by -6.1% over the past 5 years. Milroy, PA is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 12.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,190 | -6.1% |
% Under 18 | 23.0% | 3.1% |
% Seniors | 16.9% | -18.7% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 12.2% | 48.8% |
As of the latest ACS Survey released in 2023, Milroy, PA is a predominantly white area, with 93.1% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Milroy, PA is hispanic, making up 3.1% of the population. Foreign-born residents account for 0.0% of the population in Milroy, PA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.1% | -1.9% |
% Black | 0.0% | N/A |
% Hispanic | 3.1% | 63.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Milroy, PA
According to HUD data as of 2023, there were 64 mortgage originations in Milroy, PA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Milroy, PA. Investor activity is low, as 3.0% 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 | 64 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 3.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Milroy, PA
Milroy, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | N/A | N/A | $1,220 |
Affordability — Milroy, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $180,000 |
| Median Household Income | $70,900 |