Conestoga, PA—17516
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Conestoga, PA
As of Oct '25, the median home price in Conestoga, PA is $393,000, with a year-over-year change of 5.5%. This indicates that home prices in Conestoga, PA are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $393,000 | 5.5% |
| Single Family | $393,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $312,000 | 5.1% |
3 Bed | $365,000 | 5.5% |
4 Bed | $505,000 | 5.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Conestoga, PA
As of July '25, Rentcast reports the average rent in Conestoga, PA is $1,110, with a year-over-year rent change of -30.6%. Per bedroom, the median rent as of July '25 in Conestoga, PA is 1-bedrooms: $950, 2-bedrooms: $1,190. The most common rental property sizes in Conestoga, PA are 2-bedroom and 3-bedroom, accounting for 36.4% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,110 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $950 |
| 2 Bed Rent | $1,150 | $1,190 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Conestoga, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Conestoga, PA is 11. This is a decrease of -79.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $410,000 | 18.0% |
Listing Count | 10 | 18.0% |
| Listings as % of Homes | 0.2% | 18.0% |
Days on Market | 11 | -79.0% |
Demographics — Conestoga, PA
As of the latest ACS Survey released in 2023, Conestoga, PA has a population of 5,240, which has increased by 22.3% over the past 5 years. Conestoga, PA is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 26.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,240 | 22.3% |
% Under 18 | 19.2% | 4.3% |
% Seniors | 15.3% | -15.0% |
% WFH | 14.4% | 176.9% |
% w/ College Degree | 26.2% | 0.8% |
As of the latest ACS Survey released in 2023, Conestoga, PA is a predominantly white area, with 90.4% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Conestoga, PA is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.9% of the population in Conestoga, PA, and this percentage has increased by 280.0% 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 | 90.4% | -3.7% |
% Black | 1.5% | ∞% |
% Hispanic | 2.4% | -52.0% |
% Asian | 1.9% | ∞% |
% Foreign Born | 1.9% | 280.0% |
Mortgage and Risk — Conestoga, PA
According to HUD data as of 2023, there were 75 mortgage originations in Conestoga, PA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Conestoga, PA. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Conestoga, PA
Conestoga, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $950 | $1,060 |
| 2 Bedroom | $190 | $1,150 | $1,340 |
| 3 Bedroom | N/A | N/A | $1,750 |
| 4 Bedroom | N/A | N/A | $1,780 |
Affordability — Conestoga, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $393,000 |
| Median Household Income | $109,000 |