Red Lion, PA—17356
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Red Lion, PA
As of Oct '25, the median home price in Red Lion, PA is $288,000, with a year-over-year change of 4.5%. This indicates that home prices in Red Lion, 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 | $288,000 | 4.5% |
| Single Family | $291,000 | 4.7% |
| Condos | $266,000 | 1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $249,000 | 4.2% |
3 Bed | $280,000 | 5.3% |
4 Bed | $380,000 | 4.7% |
| 5 Bed | $406,000 | 4.4% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Red Lion, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Red Lion, PA is 25. This is a increase of 5.0% 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 | $290,000 | 1.0% |
Listing Count | 63 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 25 | 5.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Red Lion, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $288,000 |
| Median Household Income | $85,700 |