Mill Hall, PA—17751
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mill Hall, PA
As of Oct '25, the median home price in Mill Hall, PA is $219,000, with a year-over-year change of 7.4%. This indicates that home prices in Mill Hall, PA are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | 7.4% |
| Single Family | $220,000 | 7.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $183,000 | 7.0% |
3 Bed | $221,000 | 7.3% |
4 Bed | $275,000 | 7.8% |
| 5 Bed | $302,000 | 10.6% |
% of Housing Stock
Rental Trends — Mill Hall, PA
As of July '25, Rentcast reports the average rent in Mill Hall, PA is $830, with a year-over-year rent change of -23.1%. Per bedroom, the median rent as of July '25 in Mill Hall, PA is 1-bedrooms: $800, 2-bedrooms: $883, 3-bedrooms: $700. The most common rental property sizes in Mill Hall, PA are 3-bedroom and 2-bedroom, accounting for 34.8% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $830 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 2 Bed Rent | $925 | $883 |
| 3 Bed Rent | $700 | $700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mill Hall, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Mill Hall, PA is 58. This is a increase of 53.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $174,000 | -15.0% |
Listing Count | 13 | -37.0% |
| Listings as % of Homes | 0.4% | -37.0% |
Days on Market | 58 | 53.0% |
Demographics — Mill Hall, PA
As of the latest ACS Survey released in 2023, Mill Hall, PA has a population of 7,140, which has remained stable by 0.9% over the past 5 years. Mill Hall, PA is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 19.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,140 | 0.9% |
% Under 18 | 22.3% | -4.3% |
% Seniors | 18.9% | 1.1% |
% WFH | 6.8% | 65.9% |
% w/ College Degree | 19.7% | -3.4% |
As of the latest ACS Survey released in 2023, Mill Hall, PA is a predominantly white area, with 95.6% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Mill Hall, PA is hispanic, making up 2.4% of the population. Foreign-born residents account for 0.8% of the population in Mill Hall, PA, and this percentage has decreased by 33.3% 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 | 95.6% | -0.8% |
% Black | 0.3% | -66.7% |
% Hispanic | 2.4% | 84.6% |
% Asian | 0.6% | -45.5% |
% Foreign Born | 0.8% | -33.3% |
Mortgage and Risk — Mill Hall, PA
According to HUD data as of 2023, there were 171 mortgage originations in Mill Hall, PA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Mill Hall, PA. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 171 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Mill Hall, PA
Mill Hall, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $800 | $810 |
| 2 Bedroom | $95 | $925 | $1,020 |
| 3 Bedroom | $570 | $700 | $1,270 |
| 4 Bedroom | N/A | N/A | $1,690 |
Affordability — Mill Hall, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $219,000 |
| Median Household Income | $71,400 |