New Bloomfield, PA—17068
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Bloomfield, PA
As of Oct '25, the median home price in New Bloomfield, PA is $295,000, with a year-over-year change of 2.0%. This indicates that home prices in New Bloomfield, 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 | $295,000 | 2.0% |
| Single Family | $294,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $277,000 | 3.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Bloomfield, PA
As of July '25, Rentcast reports the average rent in New Bloomfield, PA is $1,320, with a year-over-year rent change of -32.3%. Per bedroom, the median rent as of July '25 in New Bloomfield, PA is 4-bedrooms: $1,320. The most common rental property sizes in New Bloomfield, PA are 2-bedroom and 3-bedroom, accounting for 37.8% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,320 | $1,320 |
| 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 | $1,320 | $1,320 |
% of Rental Stock
Property Listings — New Bloomfield, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in New Bloomfield, PA is 90. This is a increase of 104.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | 6.0% |
Listing Count | 6 | -9.0% |
| Listings as % of Homes | 0.3% | -9.0% |
Days on Market | 90 | 104.0% |
Demographics — New Bloomfield, PA
As of the latest ACS Survey released in 2023, New Bloomfield, PA has a population of 4,380, which has increased by 4.9% over the past 5 years. New Bloomfield, PA is a less popular place for families, as children make up 14.4% of the population. The area has a poorly educated workforce, with 12.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,380 | 4.9% |
% Under 18 | 14.4% | -23.8% |
% Seniors | 24.5% | 28.3% |
% WFH | 8.9% | 43.5% |
% w/ College Degree | 12.9% | -26.7% |
As of the latest ACS Survey released in 2023, New Bloomfield, PA is a predominantly white area, with 90.2% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in New Bloomfield, PA is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.4% of the population in New Bloomfield, PA, and this percentage has decreased by 26.3% 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 | 90.2% | -2.4% |
% Black | 1.4% | -36.4% |
% Hispanic | 2.9% | -17.1% |
% Asian | 0.4% | ∞% |
% Foreign Born | 1.4% | -26.3% |
Mortgage and Risk — New Bloomfield, PA
According to HUD data as of 2023, there were 112 mortgage originations in New Bloomfield, PA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in New Bloomfield, PA. Investor activity is low, as 3.0% 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 | 112 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — New Bloomfield, PA
New Bloomfield, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | 17.1% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | N/A | N/A | $1,160 |
| 3 Bedroom | N/A | N/A | $1,490 |
| 4 Bedroom | $220 | $1,320 | $1,540 |
Affordability — New Bloomfield, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $295,000 |
| Median Household Income | $82,900 |