Three Springs, PA—17264
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Three Springs, PA
As of Oct '25, the median home price in Three Springs, PA is $170,000, with a year-over-year change of -6.7%. This indicates that home prices in Three Springs, PA are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $170,000 | -6.7% |
| Single Family | $170,000 | -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 | $145,000 | 2.8% |
3 Bed | $182,000 | -7.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Three Springs, PA
Three Springs, 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 — Three Springs, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Three Springs, PA is 18. This is a decrease of -54.0% 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 | $143,000 | -28.0% |
Listing Count | 4 | -59.0% |
| Listings as % of Homes | 0.3% | -59.0% |
Days on Market | 18 | -54.0% |
Demographics — Three Springs, PA
As of the latest ACS Survey released in 2023, Three Springs, PA has a population of 2,300, which has decreased by -4.2% over the past 5 years. Three Springs, PA is a moderately popular place for families, as children make up 20.2% of the population. The area has a poorly educated workforce, with 10.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,300 | -4.2% |
% Under 18 | 20.2% | -12.2% |
% Seniors | 25.8% | 21.7% |
% WFH | 5.0% | 72.4% |
% w/ College Degree | 10.5% | 6.1% |
As of the latest ACS Survey released in 2023, Three Springs, PA is a predominantly white area, with 97.7% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Three Springs, PA is hispanic, making up 0.2% of the population. Foreign-born residents account for 0.3% of the population in Three Springs, PA, and this percentage has increased by 200.0% 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 | 97.7% | -0.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.2% | -71.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | 200.0% |
Mortgage and Risk — Three Springs, PA
According to HUD data as of 2023, there were 62 mortgage originations in Three Springs, PA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Three Springs, PA. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 62 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Three Springs, PA
Three Springs, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Three Springs, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $170,000 |
| Median Household Income | $53,000 |