Washington Boro, PA17582

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$382,000
5.7% YoY Growth
Median Household Income
$105,000
32.0% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
2.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Washington Boro, PA

Washington Boro, PA lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes0.6%N/A
Days on Market
N/AN/A
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Demographics — Washington Boro, PA

As of the latest ACS Survey released in 2023, Washington Boro, PA has a population of 1,710, which has decreased by -24.7% over the past 5 years. Washington Boro, PA is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 24.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,710-24.7%
% Under 18
23.7%-4.8%
% Seniors
20.6%6.7%
% WFH
1.1%-81.7%
% w/ College Degree
24.3%-16.8%
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As of the latest ACS Survey released in 2023, Washington Boro, PA is a predominantly white area, with 97.0% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Washington Boro, PA is hispanic, making up 2.5% of the population. Foreign-born residents account for 0.5% of the population in Washington Boro, PA, and this percentage has decreased by 66.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
97.0%-2.4%
% Black
0.0%-100.0%
% Hispanic
2.5%∞%
% Asian
0.0%N/A
% Foreign Born
0.5%-66.7%
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Mortgage and Risk — Washington Boro, PA

According to HUD data as of 2023, there were 64 mortgage originations in Washington Boro, PA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Washington Boro, PA. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
64
% Conventional Loans
91.0%
% Government Loans
9.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Washington Boro, PA

Washington Boro, PA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
2.0%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,160
2 BedroomN/AN/A$1,460
3 BedroomN/AN/A$1,910
4 BedroomN/AN/A$1,940

Affordability — Washington Boro, PA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$382,000
Median Household Income$105,000

Washington Boro, PA — ZIP Code Boundary Map

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Frequently Asked Questions