Drums, PA18222

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$288,000
4.2% YoY Growth
Median Household Income
$103,000
34.3% 5-Year Growth
Days on Market
50
38.0% Longer than last year
Home Price Forecast
1.5%
Median Rent
$1,420
22.2% YoY Growth
1-Bed Rent
$1,420
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,200
83.3% YoY Growth

Property Listings — Drums, PA

As of Oct '25, Realtor.com reports that the median days on market for a home in Drums, PA is 50. This is a increase of 38.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$330,000-11.0%
Listing Count
4941.0%
Listings as % of Homes0.8%41.0%
Days on Market
5038.0%
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Demographics — Drums, PA

As of the latest ACS Survey released in 2023, Drums, PA has a population of 9,950, which has increased by 6.5% over the past 5 years. Drums, PA is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 30.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
9,9506.5%
% Under 18
21.1%19.2%
% Seniors
19.7%-7.9%
% WFH
12.5%92.3%
% w/ College Degree
30.4%-9.5%
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As of the latest ACS Survey released in 2023, Drums, PA is a predominantly white area, with 86.1% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Drums, PA is hispanic, making up 7.1% of the population. Foreign-born residents account for 2.3% of the population in Drums, PA, and this percentage has decreased by 70.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
86.1%-6.3%
% Black
2.5%13.6%
% Hispanic
7.1%65.1%
% Asian
0.3%-80.0%
% Foreign Born
2.3%-70.1%
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Mortgage and Risk — Drums, PA

According to HUD data as of 2023, there were 239 mortgage originations in Drums, PA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Drums, PA. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
239
% Conventional Loans
78.0%
% Government Loans
22.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Drums, PA

Drums, 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
0.6%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$220$1,420$1,200
2 BedroomN/AN/A$1,450
3 Bedroom-$310$2,200$1,890
4 BedroomN/AN/A$2,060

Affordability — Drums, PA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$288,000
Median Household Income$103,000

Drums, PA — ZIP Code Boundary Map

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Frequently Asked Questions