Milton, PA—17847
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Milton, PA
As of Oct '25, the median home price in Milton, PA is $218,000, with a year-over-year change of 4.3%. This indicates that home prices in Milton, PA are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $218,000 | 4.3% |
| Single Family | $218,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $228,000 | 3.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Milton, PA
As of July '25, Rentcast reports the average rent in Milton, PA is $1,200, with a year-over-year rent change of 11.1%. Per bedroom, the median rent as of July '25 in Milton, PA is 1-bedrooms: $838, 2-bedrooms: $1,000, 3-bedrooms: $1,340, 4-bedrooms: $1,900. The most common rental property sizes in Milton, PA are 2-bedroom and 1-bedroom, accounting for 41.7% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $775 | $838 |
| 2 Bed Rent | $950 | $1,000 |
| 3 Bed Rent | $1,400 | $1,340 |
| 4 Bed Rent | $1,800 | $1,900 |
% of Rental Stock
Property Listings — Milton, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Milton, PA is 51. This is a decrease of -32.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $295,000 | 28.0% |
Listing Count | 20 | -22.0% |
| Listings as % of Homes | 0.3% | -22.0% |
Days on Market | 51 | -32.0% |
Demographics — Milton, PA
As of the latest ACS Survey released in 2023, Milton, PA has a population of 11,500, which has remained stable by 0.3% over the past 5 years. Milton, PA is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,500 | 0.3% |
% Under 18 | 20.9% | 6.6% |
% Seniors | 19.8% | -7.5% |
% WFH | 8.6% | 120.5% |
% w/ College Degree | 17.1% | 6.9% |
As of the latest ACS Survey released in 2023, Milton, PA is a predominantly white area, with 90.0% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Milton, PA is hispanic, making up 6.0% of the population. Foreign-born residents account for 3.7% of the population in Milton, PA, and this percentage has increased by 105.6% 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 | 90.0% | -3.9% |
% Black | 0.4% | -75.0% |
% Hispanic | 6.0% | 114.3% |
% Asian | 1.0% | 150.0% |
% Foreign Born | 3.7% | 105.6% |
Mortgage and Risk — Milton, PA
According to HUD data as of 2023, there were 199 mortgage originations in Milton, PA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Milton, PA. Investor activity is low, as 6.0% 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 | 199 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Milton, PA
As of 2024, the percent of homes in Milton, PA under the Section 8 program is 9.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Milton, PA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 359 |
Total Units Section 8 | 159 |
% Rentals under Section 8 | 9.0% |
% Occupied Section 8 | 94.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $65 | $775 | $840 |
| 2 Bedroom | $50 | $950 | $1,000 |
| 3 Bedroom | -$30 | $1,400 | $1,370 |
| 4 Bedroom | -$150 | $1,800 | $1,650 |
Affordability — Milton, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $218,000 |
| Median Household Income | $56,600 |