Salunga, PA—17538
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Salunga, PA
As of Oct '25, the median home price in Salunga, PA is $431,000, with a year-over-year change of 5.0%. This indicates that home prices in Salunga, PA are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $431,000 | 5.0% |
| Single Family | $431,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $318,000 | 5.6% |
3 Bed | $371,000 | 4.5% |
4 Bed | $499,000 | 5.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Salunga, PA
As of July '25, Rentcast reports the average rent in Salunga, PA is $1,700, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Salunga, PA is 2-bedrooms: $1,700. The most common rental property sizes in Salunga, PA are 2-bedroom and 1-bedroom, accounting for 45.0% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,650 | $1,700 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Salunga, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Salunga, PA is 12. This is a decrease of -69.0% 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 | $573,000 | 14.0% |
Listing Count | 12 | -22.0% |
| Listings as % of Homes | 0.1% | -22.0% |
Days on Market | 12 | -69.0% |
Demographics — Salunga, PA
As of the latest ACS Survey released in 2023, Salunga, PA has a population of 7,120, which has increased by 10.7% over the past 5 years. Salunga, PA is a moderately popular place for families, as children make up 17.2% of the population. The area has a moderately educated workforce, with 41.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,120 | 10.7% |
% Under 18 | 17.2% | -13.1% |
% Seniors | 22.5% | 31.6% |
% WFH | 16.4% | 121.6% |
% w/ College Degree | 41.9% | -5.8% |
As of the latest ACS Survey released in 2023, Salunga, PA is a predominantly white area, with 92.4% of the population identifying as white. The white population has grown by 5.0% in the last 5 years. The second most common race or ethnicity in Salunga, PA is hispanic, making up 2.0% of the population. Foreign-born residents account for 1.0% of the population in Salunga, PA, and this percentage has decreased by 73.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.4% | 5.0% |
% Black | 1.0% | -61.5% |
% Hispanic | 2.0% | -75.3% |
% Asian | 1.4% | 600.0% |
% Foreign Born | 1.0% | -73.7% |
Mortgage and Risk — Salunga, PA
According to HUD data as of 2023, there were 62 mortgage originations in Salunga, PA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Salunga, PA. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 62 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Salunga, PA
Salunga, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 29 |
Total Units Section 8 | 29 |
% Rentals under Section 8 | 6.6% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | -$450 | $1,650 | $1,200 |
| 3 Bedroom | N/A | N/A | $1,560 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Salunga, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $431,000 |
| Median Household Income | $96,500 |