Nesquehoning, PA 18240 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Nesquehoning, PA—18240

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$193,000

3.1% YoY Growth

Household Income

$56,500

10.7% YoY Growth

Days on Market

69.0% Longer YoY

Home Price Forecast

2.5%

Median Rent

$950

3.8% YoY Growth

1-Bed Rent

$600

8.1% YoY Growth

2-Bed Rent

$900

0.3% YoY Growth

3-Bed Rent

$1,200

0.9% YoY Growth

Home Price Trends — Nesquehoning, PA

As of Dec '25, the median home price in Nesquehoning, PA is $193,000, with a year-over-year change of 3.1%. This indicates that home prices in Nesquehoning, PA are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$193,000	3.1%
Single Family	$193,000	1.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Nesquehoning, PA

As of July '25, Rentcast reports the average rent in Nesquehoning, PA is $1,010, with a year-over-year rent change of 3.8%. Per bedroom, the median rent as of July '25 in Nesquehoning, PA is 1-bedrooms: $712, 2-bedrooms: $910, 3-bedrooms: $1,150, 4-bedrooms: $1,350. The most common rental property sizes in Nesquehoning, PA are 3-bedroom and 2-bedroom, accounting for 35.6% and 31.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$950	$1,010
Studio Rent	N/A	N/A
1 Bed Rent	$600	$712
2 Bed Rent	$900	$910
3 Bed Rent	$1,200	$1,150
4 Bed Rent	$1,300	$1,350

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% of Rental Stock

Studio

18.2%

1 Bedroom

8.4%

2 Bedrooms

31.0%

3 Bedrooms

35.6%

5+ Bedrooms

6.8%

Property Listings — Nesquehoning, PA

As of Dec '25, Realtor.com reports that the median days on market for a home in Nesquehoning, PA is 39. This is a increase of 42.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$160,000	2.0%
Listing Count	11	58.0%
Listings as % of Homes	0.6%	58.0%
Days on Market	49	69.0%

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Demographics — Nesquehoning, PA

As of the latest ACS Survey released in 2023, Nesquehoning, PA has a population of 3,910, which has increased by 2.9% over the past 5 years. Nesquehoning, PA is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 20.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,910	2.9%
% Under 18	22.8%	42.5%
% Seniors	22.4%	-9.7%
% WFH	6.2%	106.7%
% w/ College Degree	20.4%	6.2%

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As of the latest ACS Survey released in 2023, Nesquehoning, PA is a predominantly white area, with 83.1% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Nesquehoning, PA is hispanic, making up 11.0% of the population. Foreign-born residents account for 2.7% of the population in Nesquehoning, PA, and this percentage has increased by 28.6% 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	83.1%	-4.3%
% Black	8.1%	211.5%
% Hispanic	11.0%	64.2%
% Asian	0.5%	∞%
% Foreign Born	2.7%	28.6%

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Mortgage and Risk — Nesquehoning, PA

According to HUD data as of 2023, there were 56 mortgage originations in Nesquehoning, PA, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Nesquehoning, PA. Investor activity is high, as 16.0% 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	56
% Conventional Loans	70.0%
% Government Loans	30.0%
% Investor Loans	16.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Nesquehoning, PA

As of 2024, the percent of homes in Nesquehoning, PA under the Section 8 program is 12.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Nesquehoning, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	78
Total Units Section 8	70
% Rentals under Section 8	12.4%
% Occupied Section 8	89.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$430	$600	$1,030
2 Bedroom	$390	$900	$1,290
3 Bedroom	$440	$1,200	$1,640
4 Bedroom	$410	$1,300	$1,710

Nesquehoning, PA—18240

Key Metrics at a Glance

Home Price Trends — Nesquehoning, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Nesquehoning, PA

% of Rental Stock

Property Listings — Nesquehoning, PA

Demographics — Nesquehoning, PA

Race and Ethnicity

Mortgage and Risk — Nesquehoning, PA

Mortgages

Rentals and Section 8 — Nesquehoning, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Nesquehoning, PA

Home Price to Income Ratio

Nesquehoning, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Lansford, PA

Summit Hill, PA

Weatherly, PA

Coaldale, PA

Beaver Meadows, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$193,000
Median Household Income	$56,500

Nesquehoning, PA—18240

Key Metrics at a Glance

Home Price Trends — Nesquehoning, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Nesquehoning, PA

% of Rental Stock

Property Listings — Nesquehoning, PA

Demographics — Nesquehoning, PA

Race and Ethnicity

Mortgage and Risk — Nesquehoning, PA

Mortgages

Rentals and Section 8 — Nesquehoning, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Nesquehoning, PA

Home Price to Income Ratio

Nesquehoning, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Lansford, PA

Summit Hill, PA

Weatherly, PA

Coaldale, PA

Beaver Meadows, PA

Frequently Asked Questions

What is the average home price in Nesquehoning, PA 18240?

How have home prices in Nesquehoning, PA 18240 changed over the past year?

What is the home price projection for Nesquehoning, PA 18240?

What are the demographics of Nesquehoning, PA 18240?

How long does it take homes to sell in Nesquehoning, PA 18240?

What is the average rent price in Nesquehoning, PA 18240?