Red Lion, PA 17356 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Red Lion, PA—17356

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$296,000

2.8% YoY Growth

Household Income

$85,700

32.4% YoY Growth

Days on Market

9.0% Longer YoY

Home Price Forecast

1.2%

Median Rent

$1,750

18.9% YoY Growth

1-Bed Rent

$825

5.8% YoY Growth

2-Bed Rent

$1,000

11.5% YoY Growth

3-Bed Rent

$1,810

3.4% YoY Growth

Home Price Trends — Red Lion, PA

As of May '26, the median home price in Red Lion, PA is $296,000, with a year-over-year change of 2.8%. This indicates that home prices in Red Lion, PA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$296,000	2.8%
Single Family	$301,000	3.1%
Condos	$266,000	-0.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Red Lion, PA

As of July '25, Rentcast reports the average rent in Red Lion, PA is $1,570, with a year-over-year rent change of 18.9%. Per bedroom, the median rent as of July '25 in Red Lion, PA is studios: $1,100, 1-bedrooms: $853, 2-bedrooms: $1,160, 3-bedrooms: $1,840, 4-bedrooms: $2,120. The most common rental property sizes in Red Lion, PA are 3-bedroom and 2-bedroom, accounting for 35.8% and 31.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,750	$1,570
Studio Rent	$1,100	$1,100
1 Bed Rent	$825	$853
2 Bed Rent	$1,000	$1,160
3 Bed Rent	$1,810	$1,840
4 Bed Rent	$2,100	$2,120

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% of Rental Stock

Studio

0.9%

1 Bedroom

29.2%

2 Bedrooms

31.9%

3 Bedrooms

35.8%

4 Bedrooms

1.5%

5+ Bedrooms

0.7%

Property Listings — Red Lion, PA

As of May '26, Realtor.com reports that the median days on market for a home in Red Lion, PA is 28. This is a increase of 9.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$315,000	7.0%
Listing Count	71	8.0%
Listings as % of Homes	0.5%	8.0%
Days on Market	28	9.0%

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Demographics — Red Lion, PA

As of the latest ACS Survey released in 2023, Red Lion, PA has a population of 22,500, which has increased by 3.8% over the past 5 years. Red Lion, PA is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 22.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	22,500	3.8%
% Under 18	21.0%	-3.2%
% Seniors	17.5%	3.6%
% WFH	8.2%	148.5%
% w/ College Degree	22.5%	15.4%

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As of the latest ACS Survey released in 2023, Red Lion, PA is a predominantly white area, with 89.1% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Red Lion, PA is black, making up 4.4% of the population. Foreign-born residents account for 3.8% of the population in Red Lion, PA, and this percentage has increased by 22.6% 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	89.1%	-4.8%
% Black	4.4%	83.3%
% Hispanic	1.7%	-34.6%
% Asian	2.1%	600.0%
% Foreign Born	3.8%	22.6%

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Mortgage and Risk — Red Lion, PA

According to HUD data as of 2023, there were 405 mortgage originations in Red Lion, PA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Red Lion, PA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	405
% Conventional Loans	79.0%
% Government Loans	21.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Red Lion, PA

As of 2024, the percent of homes in Red Lion, PA under the Section 8 program is 5.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Red Lion, PA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	130
Total Units Section 8	121
% Rentals under Section 8	5.1%
% Occupied Section 8	78.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$125	$825	$950
2 Bedroom	$190	$1,000	$1,190
3 Bedroom	-$200	$1,810	$1,610
4 Bedroom	-$430	$2,100	$1,670

Red Lion, PA—17356

Key Metrics at a Glance

Home Price Trends — Red Lion, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Red Lion, PA

% of Rental Stock

Property Listings — Red Lion, PA

Demographics — Red Lion, PA

Race and Ethnicity

Mortgage and Risk — Red Lion, PA

Mortgages

Rentals and Section 8 — Red Lion, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Red Lion, PA

Home Price to Income Ratio

Red Lion, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Windsor, PA

Felton, PA

Dallastown, PA

East Prospect

York, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$296,000
Median Household Income	$85,700

Red Lion, PA—17356

Key Metrics at a Glance

Home Price Trends — Red Lion, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Red Lion, PA

% of Rental Stock

Property Listings — Red Lion, PA

Demographics — Red Lion, PA

Race and Ethnicity

Mortgage and Risk — Red Lion, PA

Mortgages

Rentals and Section 8 — Red Lion, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Red Lion, PA

Home Price to Income Ratio

Red Lion, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Windsor, PA

Felton, PA

Dallastown, PA

East Prospect

York, PA

Frequently Asked Questions

What is the average home price in Red Lion, PA 17356?

How have home prices in Red Lion, PA 17356 changed over the past year?

What is the home price projection for Red Lion, PA 17356?

What are the demographics of Red Lion, PA 17356?

How long does it take homes to sell in Red Lion, PA 17356?

What is the average rent price in Red Lion, PA 17356?