Nicholson, PA—18446
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nicholson, PA
As of Oct '25, the median home price in Nicholson, PA is $230,000, with a year-over-year change of 0.6%. This indicates that home prices in Nicholson, PA are flat. 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 | $230,000 | 0.6% |
| Single Family | $229,000 | 0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Nicholson, PA
Nicholson, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Nicholson, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Nicholson, PA is 54. This is a decrease of -60.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $386,000 | 9.0% |
Listing Count | 10 | -7.0% |
| Listings as % of Homes | 0.2% | -7.0% |
Days on Market | 54 | -60.0% |
Demographics — Nicholson, PA
As of the latest ACS Survey released in 2023, Nicholson, PA has a population of 3,210, which has decreased by -3.0% over the past 5 years. Nicholson, PA is a moderately popular place for families, as children make up 19.0% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,210 | -3.0% |
% Under 18 | 19.0% | 8.6% |
% Seniors | 25.9% | 10.7% |
% WFH | 9.8% | 2.1% |
% w/ College Degree | 17.5% | 2.9% |
As of the latest ACS Survey released in 2023, Nicholson, PA is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Nicholson, PA is hispanic, making up 1.4% of the population. Foreign-born residents account for 0.8% of the population in Nicholson, PA, and this percentage has decreased by 20.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.4% | -0.1% |
% Black | 0.3% | -50.0% |
% Hispanic | 1.4% | -46.2% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 0.8% | -20.0% |
Mortgage and Risk — Nicholson, PA
According to HUD data as of 2023, there were 74 mortgage originations in Nicholson, PA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Nicholson, PA. Investor activity is low, as 3.0% of loans were by investors. 1.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 74 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 3.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 1.0% |
Loan Activity
Rentals and Section 8 — Nicholson, PA
Nicholson, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 49 |
Total Units Section 8 | 49 |
% Rentals under Section 8 | 20.3% |
% Occupied Section 8 | 84.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Nicholson, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $230,000 |
| Median Household Income | $64,900 |