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Hereford, PA—18056

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$325,000
0.3% YoY Growth
Household Income
$70,000
59.0% YoY Growth
Days on Market
N/A
N/A
Home Price Forecast
2.0%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hereford, PA

As of Dec '25, the median home price in Hereford, PA is $325,000, with a year-over-year change of -0.3%. This indicates that home prices in Hereford, PA are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$325,000-0.3%
Single Family $325,000-0.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    1.1%
    2 Bedrooms
    33.6%
    3 Bedrooms
    37.5%
    4 Bedrooms
    22.3%
    5+ Bedrooms
    5.6%

    Rental Trends — Hereford, PA

    Hereford, PA lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    8.9%
    3 Bedrooms
    16.1%
    4 Bedrooms
    75.0%

    Property Listings — Hereford, PA

    Hereford, PA lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		N/AN/A
    Listing Count
    		N/AN/A
    Listings as % of Homes0.2%N/A
    Days on Market
    		N/AN/A
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    Demographics — Hereford, PA

    As of the latest ACS Survey released in 2023, Hereford, PA has a population of 1,620, which has increased by 142.6% over the past 5 years. Hereford, PA is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 50.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,620142.6%
    % Under 18
    		19.8%72.2%
    % Seniors
    		11.5%-59.1%
    % WFH
    		50.2%∞%
    % w/ College Degree
    		24.7%177.5%
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    As of the latest ACS Survey released in 2023, Hereford, PA is a predominantly white area, with 51.5% of the population identifying as white. The white population has shrunk by 44.1% in the last 5 years. The second most common race or ethnicity in Hereford, PA is hispanic, making up 46.5% of the population. Foreign-born residents account for 1.4% of the population in Hereford, PA, and this percentage has decreased by 70.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		51.5%-44.1%
    % Black
    		0.0%-100.0%
    % Hispanic
    		46.5%488.6%
    % Asian
    		1.4%∞%
    % Foreign Born
    		1.4%-70.8%
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    Mortgage and Risk — Hereford, PA

    According to HUD data as of 2023, there were 46 mortgage originations in Hereford, PA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Hereford, PA. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		46
    % Conventional Loans
    		91.0%
    % Government Loans
    		9.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		4.0%
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    Rentals and Section 8 — Hereford, PA

    Hereford, PA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,510
    2 BedroomN/AN/A$1,900
    3 BedroomN/AN/A$2,370
    4 BedroomN/AN/A$2,520

    Affordability — Hereford, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.1
    Median Home Price$325,000
    Median Household Income$70,000

    Hereford, PA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    18070

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    18092

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    18041

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    19503

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    19504

    Frequently Asked Questions