Nesquehoning, PA—18240
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nesquehoning, PA
As of Oct '25, the median home price in Nesquehoning, PA is $196,000, with a year-over-year change of 4.5%. This indicates that home prices in Nesquehoning, 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 | $196,000 | 4.5% |
| Single Family | $196,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $148,000 | 2.1% |
3 Bed | $203,000 | 3.6% |
4 Bed | $243,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Nesquehoning, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Nesquehoning, PA is 32. This is a increase of 50.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $190,000 | 3.0% |
Listing Count | 14 | -8.0% |
| Listings as % of Homes | 0.6% | -8.0% |
Days on Market | 32 | 50.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Nesquehoning, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $196,000 |
| Median Household Income | $56,500 |