Newville, PA—17241
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newville, PA
As of Oct '25, the median home price in Newville, PA is $313,000, with a year-over-year change of 5.6%. This indicates that home prices in Newville, PA are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $313,000 | 5.6% |
| Single Family | $314,000 | 5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $237,000 | 5.3% |
3 Bed | $313,000 | 5.0% |
4 Bed | $411,000 | 7.3% |
| 5 Bed | $506,000 | 8.6% |
% of Housing Stock
Rental Trends — Newville, PA
As of July '25, Rentcast reports the average rent in Newville, PA is $1,200, with a year-over-year rent change of -25.0%. Per bedroom, the median rent as of July '25 in Newville, PA is 2-bedrooms: $1,200, 3-bedrooms: $1,200. The most common rental property sizes in Newville, PA are 2-bedroom and 3-bedroom, accounting for 37.4% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Newville, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newville, PA is 59. This is a increase of 24.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $357,000 | 7.0% |
Listing Count | 9 | -30.0% |
| Listings as % of Homes | 0.2% | -30.0% |
Days on Market | 59 | 24.0% |
Demographics — Newville, PA
As of the latest ACS Survey released in 2023, Newville, PA has a population of 11,100, which has decreased by -6.9% over the past 5 years. Newville, PA is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 16.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,100 | -6.9% |
% Under 18 | 22.5% | 1.4% |
% Seniors | 17.5% | -5.4% |
% WFH | 9.2% | 67.3% |
% w/ College Degree | 16.6% | 15.3% |
As of the latest ACS Survey released in 2023, Newville, PA is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Newville, PA is hispanic, making up 2.5% of the population. Foreign-born residents account for 0.7% of the population in Newville, PA, and this percentage has decreased by 22.2% 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 | 93.9% | -2.1% |
% Black | 0.5% | -37.5% |
% Hispanic | 2.5% | 150.0% |
% Asian | 0.4% | 33.3% |
% Foreign Born | 0.7% | -22.2% |
Mortgage and Risk — Newville, PA
According to HUD data as of 2023, there were 303 mortgage originations in Newville, PA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Newville, PA. Investor activity is low, as 2.0% 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 | 303 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Newville, PA
Newville, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $950 |
| 2 Bedroom | -$30 | $1,200 | $1,170 |
| 3 Bedroom | $300 | $1,200 | $1,500 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Newville, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $313,000 |
| Median Household Income | $75,400 |