Carbondale, PA—18407
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carbondale, PA
As of Oct '25, the median home price in Carbondale, PA is $180,000, with a year-over-year change of 0.4%. This indicates that home prices in Carbondale, PA are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $180,000 | 0.4% |
| Single Family | $180,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $145,000 | 4.3% |
3 Bed | $178,000 | 3.5% |
4 Bed | $194,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Carbondale, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Carbondale, PA is 50. This is a decrease of -8.0% 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 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 | $177,000 | 5.0% |
Listing Count | 39 | -11.0% |
| Listings as % of Homes | 0.5% | -11.0% |
Days on Market | 50 | -8.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Carbondale, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $180,000 |
| Median Household Income | $57,300 |