Gap, PA 17527 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Gap, PA—17527

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$470,000

5.5% YoY Growth

Household Income

$92,300

36.7% YoY Growth

Days on Market

82.0% Shorter YoY

Home Price Forecast

2.1%

Median Rent

$1,250

27.3% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,250

16.7% YoY Growth

3-Bed Rent

N/A

Other Zip Codes in Gap, PA

17535

Home Price Trends — Gap, PA

As of May '26, the median home price in Gap, PA is $470,000, with a year-over-year change of 5.5%. This indicates that home prices in Gap, PA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$470,000	5.5%
Single Family	$470,000	5.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Gap, PA

As of July '25, Rentcast reports the average rent in Gap, PA is $1,820, with a year-over-year rent change of 27.3%. Per bedroom, the median rent as of July '25 in Gap, PA is 2-bedrooms: $1,250, 4-bedrooms: $2,400. The most common rental property sizes in Gap, PA are 3-bedroom and 2-bedroom, accounting for 48.9% and 33.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,250	$1,820
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,250	$1,250
3 Bed Rent	N/A	N/A
4 Bed Rent	$2,400	$2,400

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% of Rental Stock

1 Bedroom

1.6%

2 Bedrooms

33.9%

3 Bedrooms

48.9%

4 Bedrooms

7.8%

5+ Bedrooms

7.8%

Property Listings — Gap, PA

As of May '26, Realtor.com reports that the median days on market for a home in Gap, PA is 20. This is a decrease of -82.0% 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	$465,000	34.0%
Listing Count	5	-7.0%
Listings as % of Homes	0.1%	-7.0%
Days on Market	20	-82.0%

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Demographics — Gap, PA

As of the latest ACS Survey released in 2023, Gap, PA has a population of 6,480, which has increased by 2.7% over the past 5 years. Gap, PA is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,480	2.7%
% Under 18	25.7%	-18.2%
% Seniors	12.6%	-8.0%
% WFH	7.9%	25.4%
% w/ College Degree	16.7%	36.9%

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As of the latest ACS Survey released in 2023, Gap, PA is a predominantly white area, with 93.5% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Gap, PA is hispanic, making up 3.8% of the population. Foreign-born residents account for 2.2% of the population in Gap, PA, and this percentage has increased by 29.4% 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	93.5%	1.0%
% Black	1.0%	-9.1%
% Hispanic	3.8%	18.8%
% Asian	0.1%	-87.5%
% Foreign Born	2.2%	29.4%

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Mortgage and Risk — Gap, PA

According to HUD data as of 2023, there were 74 mortgage originations in Gap, PA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Gap, PA. Investor activity is low, as 7.0% 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	74
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	7.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Gap, PA

Gap, PA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	11
Total Units Section 8	0
% Rentals under Section 8	0.0%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,110
2 Bedroom	$140	$1,250	$1,390
3 Bedroom	N/A	N/A	$1,800
4 Bedroom	-$560	$2,400	$1,840

Gap, PA—17527

Key Metrics at a Glance

Other Zip Codes in Gap, PA

Home Price Trends — Gap, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gap, PA

% of Rental Stock

Property Listings — Gap, PA

Demographics — Gap, PA

Race and Ethnicity

Mortgage and Risk — Gap, PA

Mortgages

Rentals and Section 8 — Gap, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Gap, PA

Home Price to Income Ratio

Gap, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Gap, PA

Parkesburg, PA

Atglen, PA

Sadsburyville

Paradise, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$470,000
Median Household Income	$92,300

Gap, PA—17527

Key Metrics at a Glance

Other Zip Codes in Gap, PA

Home Price Trends — Gap, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gap, PA

% of Rental Stock

Property Listings — Gap, PA

Demographics — Gap, PA

Race and Ethnicity

Mortgage and Risk — Gap, PA

Mortgages

Rentals and Section 8 — Gap, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Gap, PA

Home Price to Income Ratio

Gap, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Gap, PA

Parkesburg, PA

Atglen, PA

Sadsburyville

Paradise, PA

Frequently Asked Questions

What is the average home price in Gap, PA 17527?

How have home prices in Gap, PA 17527 changed over the past year?

What is the home price projection for Gap, PA 17527?

What are the demographics of Gap, PA 17527?

How long does it take homes to sell in Gap, PA 17527?

What is the average rent price in Gap, PA 17527?