Carbondale, PA 18407 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Carbondale, PA—18407

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$172,000

7.1% YoY Growth

Household Income

$57,300

26.3% YoY Growth

Days on Market

37.0% Longer YoY

Home Price Forecast

0.3%

Median Rent

$1,030

1.7% YoY Growth

1-Bed Rent

$950

0.6% YoY Growth

2-Bed Rent

$1,000

9.0% YoY Growth

3-Bed Rent

$1,300

5.7% YoY Growth

Home Price Trends — Carbondale, PA

As of May '26, the median home price in Carbondale, PA is $172,000, with a year-over-year change of -7.1%. This indicates that home prices in Carbondale, PA are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$172,000	-7.1%
Single Family	$172,000	-9.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Carbondale, PA

As of July '25, Rentcast reports the average rent in Carbondale, PA is $1,130, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Carbondale, PA is 1-bedrooms: $911, 2-bedrooms: $1,010, 3-bedrooms: $1,330, 4-bedrooms: $1,320. The most common rental property sizes in Carbondale, PA are 3-bedroom and 2-bedroom, accounting for 32.6% and 30.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,030	$1,130
Studio Rent	N/A	N/A
1 Bed Rent	$950	$911
2 Bed Rent	$1,000	$1,010
3 Bed Rent	$1,300	$1,330
4 Bed Rent	$1,100	$1,320

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% of Rental Stock

Studio

2.6%

1 Bedroom

26.5%

2 Bedrooms

30.7%

3 Bedrooms

32.6%

4 Bedrooms

7.0%

5+ Bedrooms

0.5%

Property Listings — Carbondale, PA

As of May '26, Realtor.com reports that the median days on market for a home in Carbondale, PA is 38. This is a increase of 37.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$226,000	0.0%
Listing Count	53	44.0%
Listings as % of Homes	0.5%	44.0%
Days on Market	38	37.0%

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Demographics — Carbondale, PA

As of the latest ACS Survey released in 2023, Carbondale, PA has a population of 14,700, which has increased by 10.4% over the past 5 years. Carbondale, PA is a moderately popular place for families, as children make up 21.4% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,700	10.4%
% Under 18	21.4%	-3.2%
% Seniors	20.5%	-5.1%
% WFH	4.7%	88.0%
% w/ College Degree	26.4%	34.0%

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As of the latest ACS Survey released in 2023, Carbondale, PA is a predominantly white area, with 84.6% of the population identifying as white. The white population has shrunk by 10.1% in the last 5 years. The second most common race or ethnicity in Carbondale, PA is hispanic, making up 8.6% of the population. Foreign-born residents account for 2.4% of the population in Carbondale, PA, and this percentage has increased by 14.3% 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	84.6%	-10.1%
% Black	1.6%	433.3%
% Hispanic	8.6%	405.9%
% Asian	1.0%	0.0%
% Foreign Born	2.4%	14.3%

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Mortgage and Risk — Carbondale, PA

According to HUD data as of 2023, there were 245 mortgage originations in Carbondale, PA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Carbondale, PA. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	245
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	4.0%
% Second Loans	3.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Carbondale, PA

As of 2024, the percent of homes in Carbondale, PA under the Section 8 program is 18.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Carbondale, PA, because HUD payments exceed market rent, while 1-bedroom units do not.

Section 8 Market Size

Total Units under HUD	777
Total Units Section 8	411
% Rentals under Section 8	18.8%
% Occupied Section 8	84.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$90	$950	$860
2 Bedroom	$40	$1,000	$1,040
3 Bedroom	$50	$1,300	$1,350
4 Bedroom	$370	$1,100	$1,470

Carbondale, PA—18407

Key Metrics at a Glance

Home Price Trends — Carbondale, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carbondale, PA

% of Rental Stock

Property Listings — Carbondale, PA

Demographics — Carbondale, PA

Race and Ethnicity

Mortgage and Risk — Carbondale, PA

Mortgages

Rentals and Section 8 — Carbondale, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Carbondale, PA

Home Price to Income Ratio

Carbondale, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Jermyn, PA

Forest City, PA

Archbald, PA

Olyphant, PA

Peckville, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$172,000
Median Household Income	$57,300

Carbondale, PA—18407

Key Metrics at a Glance

Home Price Trends — Carbondale, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carbondale, PA

% of Rental Stock

Property Listings — Carbondale, PA

Demographics — Carbondale, PA

Race and Ethnicity

Mortgage and Risk — Carbondale, PA

Mortgages

Rentals and Section 8 — Carbondale, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Carbondale, PA

Home Price to Income Ratio

Carbondale, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Jermyn, PA

Forest City, PA

Archbald, PA

Olyphant, PA

Peckville, PA

Frequently Asked Questions

What is the average home price in Carbondale, PA 18407?

How have home prices in Carbondale, PA 18407 changed over the past year?

What is the home price projection for Carbondale, PA 18407?

What are the demographics of Carbondale, PA 18407?

How long does it take homes to sell in Carbondale, PA 18407?

What is the average rent price in Carbondale, PA 18407?