Tower City, PA—17980
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tower City, PA
As of Oct '25, the median home price in Tower City, PA is $143,000, with a year-over-year change of 0.4%. This indicates that home prices in Tower City, PA are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $143,000 | 0.4% |
| Single Family | $143,000 | -1.4% |
| 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 | $148,000 | -0.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tower City, PA
Tower City, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,270 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,100 | $1,200 |
| 4 Bed Rent | $1,200 | $1,350 |
% of Rental Stock
Property Listings — Tower City, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Tower City, PA is 45. This is a increase of 3.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $209,000 | 36.0% |
Listing Count | 11 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 45 | 3.0% |
Demographics — Tower City, PA
As of the latest ACS Survey released in 2023, Tower City, PA has a population of 3,220, which has increased by 4.1% over the past 5 years. Tower City, PA is a moderately popular place for families, as children make up 17.4% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,220 | 4.1% |
% Under 18 | 17.4% | -19.4% |
% Seniors | 25.8% | 40.2% |
% WFH | 5.7% | 50.0% |
% w/ College Degree | 13.6% | 36.0% |
As of the latest ACS Survey released in 2023, Tower City, PA is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Tower City, PA is hispanic, making up 2.3% of the population. Foreign-born residents account for 3.4% of the population in Tower City, PA, and this percentage has increased by 750.0% 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 | 94.9% | -1.2% |
% Black | 0.3% | -40.0% |
% Hispanic | 2.3% | -25.8% |
% Asian | 0.2% | ∞% |
% Foreign Born | 3.4% | 750.0% |
Mortgage and Risk — Tower City, PA
According to HUD data as of 2023, there were 77 mortgage originations in Tower City, PA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Tower City, PA. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 77 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Tower City, PA
Tower City, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | N/A | N/A | $1,150 |
| 3 Bedroom | $380 | $1,100 | $1,480 |
| 4 Bedroom | $330 | $1,200 | $1,530 |
Affordability — Tower City, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $143,000 |
| Median Household Income | $69,800 |