Millmont, PA—17845
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Millmont, PA
As of Oct '25, the median home price in Millmont, PA is $226,000, with a year-over-year change of 9.5%. This indicates that home prices in Millmont, PA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $226,000 | 9.5% |
| Single Family | $226,000 | 9.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $188,000 | 9.3% |
3 Bed | $232,000 | 9.4% |
4 Bed | $301,000 | 10.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Millmont, PA
Millmont, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Millmont, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Millmont, PA is 29. This is a decrease of -48.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $364,000 | 106.0% |
Listing Count | 7 | 36.0% |
| Listings as % of Homes | 0.1% | 36.0% |
Days on Market | 29 | -48.0% |
Demographics — Millmont, PA
As of the latest ACS Survey released in 2023, Millmont, PA has a population of 1,930, which has decreased by -5.5% over the past 5 years. Millmont, PA is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 15.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,930 | -5.5% |
% Under 18 | 25.7% | 14.7% |
% Seniors | 22.3% | 3.2% |
% WFH | 9.9% | 65.0% |
% w/ College Degree | 15.4% | 71.1% |
As of the latest ACS Survey released in 2023, Millmont, PA is a predominantly white area, with 96.0% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Millmont, PA is asian, making up 1.3% of the population. Foreign-born residents account for 1.5% of the population in Millmont, PA, and this percentage has increased by 114.3% 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 | 96.0% | 1.6% |
% Black | 0.2% | -83.3% |
% Hispanic | 0.2% | -95.3% |
% Asian | 1.3% | ∞% |
% Foreign Born | 1.5% | 114.3% |
Mortgage and Risk — Millmont, PA
According to HUD data as of 2023, there were 23 mortgage originations in Millmont, PA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Millmont, PA. Investor activity is low, as 9.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 23 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 9.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Millmont, PA
Millmont, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 63.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,270 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — Millmont, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $226,000 |
| Median Household Income | $63,900 |