Bangor, PA—18013
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bangor, PA
As of Oct '25, the median home price in Bangor, PA is $303,000, with a year-over-year change of 2.4%. This indicates that home prices in Bangor, PA are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $303,000 | 2.4% |
| Single Family | $303,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $238,000 | 3.0% |
3 Bed | $299,000 | 2.7% |
4 Bed | $429,000 | 2.9% |
| 5 Bed | $434,000 | 2.4% |
% of Housing Stock
Rental Trends — Bangor, PA
As of July '25, Rentcast reports the average rent in Bangor, PA is $1,620, with a year-over-year rent change of 3.8%. Per bedroom, the median rent as of July '25 in Bangor, PA is studios: $1,650, 1-bedrooms: $1,320, 2-bedrooms: $1,390, 3-bedrooms: $1,920. The most common rental property sizes in Bangor, PA are 2-bedroom and 3-bedroom, accounting for 37.5% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,620 |
| Studio Rent | $1,650 | $1,650 |
| 1 Bed Rent | $1,200 | $1,320 |
| 2 Bed Rent | $1,300 | $1,390 |
| 3 Bed Rent | $1,800 | $1,920 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bangor, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bangor, PA is 33. This is a decrease of -11.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 1.0% |
Listing Count | 44 | -7.0% |
| Listings as % of Homes | 0.3% | -7.0% |
Days on Market | 33 | -11.0% |
Demographics — Bangor, PA
As of the latest ACS Survey released in 2023, Bangor, PA has a population of 17,800, which has decreased by -1.2% over the past 5 years. Bangor, PA is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 24.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,800 | -1.2% |
% Under 18 | 23.5% | 18.1% |
% Seniors | 18.7% | 0.5% |
% WFH | 8.4% | 162.5% |
% w/ College Degree | 24.4% | 34.1% |
As of the latest ACS Survey released in 2023, Bangor, PA is a predominantly white area, with 89.3% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Bangor, PA is hispanic, making up 6.9% of the population. Foreign-born residents account for 3.3% of the population in Bangor, PA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.3% | -2.3% |
% Black | 2.0% | 122.2% |
% Hispanic | 6.9% | 19.0% |
% Asian | 0.7% | -53.3% |
% Foreign Born | 3.3% | 0.0% |
Mortgage and Risk — Bangor, PA
According to HUD data as of 2023, there were 366 mortgage originations in Bangor, PA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Bangor, PA. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 366 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Bangor, PA
Bangor, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 316 |
Total Units Section 8 | 290 |
% Rentals under Section 8 | 15.8% |
% Occupied Section 8 | 84.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,200 | $1,080 |
| 2 Bedroom | $40 | $1,300 | $1,340 |
| 3 Bedroom | -$90 | $1,800 | $1,710 |
| 4 Bedroom | N/A | N/A | $1,780 |
Affordability — Bangor, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $303,000 |
| Median Household Income | $76,100 |