New Columbia, PA—17856
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Columbia, PA
As of Oct '25, the median home price in New Columbia, PA is $253,000, with a year-over-year change of 7.6%. This indicates that home prices in New Columbia, PA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $253,000 | 7.6% |
| Single Family | $253,000 | 7.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $199,000 | 5.3% |
3 Bed | $254,000 | 7.2% |
4 Bed | $341,000 | 6.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Columbia, PA
As of July '25, Rentcast reports the average rent in New Columbia, PA is $1,150, with a year-over-year rent change of 21.1%. Per bedroom, the median rent as of July '25 in New Columbia, PA is 1-bedrooms: $800, 4-bedrooms: $1,500. The most common rental property sizes in New Columbia, PA are 2-bedroom and 1-bedroom, accounting for 48.1% and 38.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,500 | $1,500 |
% of Rental Stock
Property Listings — New Columbia, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in New Columbia, PA is 53. This is a decrease of -26.0% 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 | $421,000 | -19.0% |
Listing Count | 10 | 83.0% |
| Listings as % of Homes | 0.4% | 83.0% |
Days on Market | 53 | -26.0% |
Demographics — New Columbia, PA
As of the latest ACS Survey released in 2023, New Columbia, PA has a population of 3,080, which has decreased by -3.7% over the past 5 years. New Columbia, PA is a moderately popular place for families, as children make up 18.2% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,080 | -3.7% |
% Under 18 | 18.2% | -20.2% |
% Seniors | 15.6% | -20.4% |
% WFH | 2.9% | 7.4% |
% w/ College Degree | 22.8% | 47.1% |
As of the latest ACS Survey released in 2023, New Columbia, PA is a predominantly white area, with 97.7% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in New Columbia, PA is black, making up 0.8% of the population. Foreign-born residents account for 1.8% of the population in New Columbia, PA, and this percentage has increased by Inf% 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 | 97.7% | -0.7% |
% Black | 0.8% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.3% | ∞% |
% Foreign Born | 1.8% | ∞% |
Mortgage and Risk — New Columbia, PA
According to HUD data as of 2023, there were 87 mortgage originations in New Columbia, PA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in New Columbia, PA. Investor activity is low, as 5.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 87 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — New Columbia, PA
New Columbia, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 45 |
Total Units Section 8 | 45 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 66.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $800 | $900 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | $180 | $1,500 | $1,680 |
Affordability — New Columbia, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $253,000 |
| Median Household Income | $92,400 |