Palmerton, PA—18071
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Palmerton, PA
As of Oct '25, the median home price in Palmerton, PA is $255,000, with a year-over-year change of 4.6%. This indicates that home prices in Palmerton, PA are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | 4.6% |
| Single Family | $256,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $189,000 | 4.4% |
3 Bed | $270,000 | 3.8% |
4 Bed | $309,000 | 3.0% |
| 5 Bed | $336,000 | 1.8% |
% of Housing Stock
Rental Trends — Palmerton, PA
As of July '25, Rentcast reports the average rent in Palmerton, PA is $1,740, with a year-over-year rent change of 40.3%. Per bedroom, the median rent as of July '25 in Palmerton, PA is 2-bedrooms: $1,150, 4-bedrooms: $3,500. The most common rental property sizes in Palmerton, PA are 2-bedroom and 1-bedroom, accounting for 38.5% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,150 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $3,500 | $3,500 |
% of Rental Stock
Property Listings — Palmerton, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Palmerton, PA is 40. This is a decrease of -29.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $252,000 | 3.0% |
Listing Count | 25 | 42.0% |
| Listings as % of Homes | 0.3% | 42.0% |
Days on Market | 40 | -29.0% |
Demographics — Palmerton, PA
As of the latest ACS Survey released in 2023, Palmerton, PA has a population of 11,000, which has increased by 10.3% over the past 5 years. Palmerton, PA is a moderately popular place for families, as children make up 15.3% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,000 | 10.3% |
% Under 18 | 15.3% | -22.3% |
% Seniors | 22.6% | 24.9% |
% WFH | 5.9% | 9.3% |
% w/ College Degree | 15.5% | -4.3% |
As of the latest ACS Survey released in 2023, Palmerton, PA is a predominantly white area, with 95.7% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Palmerton, PA is hispanic, making up 3.1% of the population. Foreign-born residents account for 0.9% of the population in Palmerton, PA, and this percentage has decreased by 71.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.7% | 0.4% |
% Black | 0.1% | 0.0% |
% Hispanic | 3.1% | 6.9% |
% Asian | 0.1% | -75.0% |
% Foreign Born | 0.9% | -71.0% |
Mortgage and Risk — Palmerton, PA
According to HUD data as of 2023, there were 183 mortgage originations in Palmerton, PA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Palmerton, PA. Investor activity is low, as 2.0% 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 | 183 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Palmerton, PA
Palmerton, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 110 |
Total Units Section 8 | 110 |
% Rentals under Section 8 | 7.4% |
% Occupied Section 8 | 91.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | $130 | $1,200 | $1,330 |
| 3 Bedroom | N/A | N/A | $1,790 |
| 4 Bedroom | -$1,360 | $3,500 | $2,140 |
Affordability — Palmerton, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $255,000 |
| Median Household Income | $71,000 |