Shenandoah, PA—17976
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shenandoah, PA
As of Oct '25, the median home price in Shenandoah, PA is $55,000, with a year-over-year change of 8.0%. This indicates that home prices in Shenandoah, PA are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $55,000 | 8.0% |
| Single Family | $55,000 | 1.9% |
| 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 | $55,000 | 1.9% |
4 Bed | $67,000 | 4.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shenandoah, PA
As of July '25, Rentcast reports the average rent in Shenandoah, PA is $1,040, with a year-over-year rent change of 1.0%. Per bedroom, the median rent as of July '25 in Shenandoah, PA is 1-bedrooms: $975, 2-bedrooms: $933, 3-bedrooms: $1,200, 4-bedrooms: $1,200. The most common rental property sizes in Shenandoah, PA are 2-bedroom and 3-bedroom, accounting for 33.8% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $975 |
| 2 Bed Rent | $900 | $933 |
| 3 Bed Rent | $1,100 | $1,200 |
| 4 Bed Rent | $1,200 | $1,200 |
% of Rental Stock
Property Listings — Shenandoah, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Shenandoah, PA is 63. This is a decrease of -5.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $124,000 | 11.0% |
Listing Count | 33 | 23.0% |
| Listings as % of Homes | 0.5% | 23.0% |
Days on Market | 63 | -5.0% |
Demographics — Shenandoah, PA
As of the latest ACS Survey released in 2023, Shenandoah, PA has a population of 5,990, which has decreased by -8.3% over the past 5 years. Shenandoah, PA is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 13.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,990 | -8.3% |
% Under 18 | 24.8% | 5.1% |
% Seniors | 18.3% | -2.1% |
% WFH | 2.3% | 475.0% |
% w/ College Degree | 13.9% | 7.8% |
As of the latest ACS Survey released in 2023, Shenandoah, PA is a predominantly white area, with 62.5% of the population identifying as white. The white population has shrunk by 15.3% in the last 5 years. The second most common race or ethnicity in Shenandoah, PA is hispanic, making up 33.8% of the population. Foreign-born residents account for 9.7% of the population in Shenandoah, PA, and this percentage has increased by 76.4% 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 | 62.5% | -15.3% |
% Black | 2.3% | -56.6% |
% Hispanic | 33.8% | 73.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 9.7% | 76.4% |
Mortgage and Risk — Shenandoah, PA
According to HUD data as of 2023, there were 79 mortgage originations in Shenandoah, PA, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Shenandoah, PA. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 79 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Shenandoah, PA
Shenandoah, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 194 |
Total Units Section 8 | 48 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $800 | $750 |
| 2 Bedroom | $80 | $900 | $980 |
| 3 Bedroom | $180 | $1,100 | $1,280 |
| 4 Bedroom | $150 | $1,200 | $1,350 |
Affordability — Shenandoah, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 0.8 |
| Median Home Price | $55,000 |
| Median Household Income | $46,700 |