Tafton, PA—18464
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tafton, PA
As of Oct '25, the median home price in Tafton, PA is $359,000, with a year-over-year change of 5.0%. This indicates that home prices in Tafton, PA are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $359,000 | 5.0% |
| Single Family | $360,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $250,000 | 3.3% |
3 Bed | $363,000 | 4.6% |
4 Bed | $489,000 | 6.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tafton, PA
As of July '25, Rentcast reports the average rent in Tafton, PA is $1,860, with a year-over-year rent change of -22.2%. Per bedroom, the median rent as of July '25 in Tafton, PA is 2-bedrooms: $1,610, 4-bedrooms: $2,600. The most common rental property sizes in Tafton, PA are 2-bedroom and 1-bedroom, accounting for 53.7% and 29.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,860 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,600 | $1,610 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,600 | $2,600 |
% of Rental Stock
Property Listings — Tafton, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Tafton, PA is 81. This is a increase of 13.0% 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 | $487,000 | -23.0% |
Listing Count | 28 | 30.0% |
| Listings as % of Homes | 1.4% | 30.0% |
Days on Market | 81 | 13.0% |
Demographics — Tafton, PA
As of the latest ACS Survey released in 2023, Tafton, PA has a population of 1,460, which has increased by 21.8% over the past 5 years. Tafton, PA is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,460 | 21.8% |
% Under 18 | 18.8% | 34.3% |
% Seniors | 27.1% | -29.8% |
% WFH | 8.8% | -16.2% |
% w/ College Degree | 19.0% | -47.2% |
As of the latest ACS Survey released in 2023, Tafton, PA is a predominantly white area, with 86.5% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Tafton, PA is hispanic, making up 7.7% of the population. Foreign-born residents account for 6.3% of the population in Tafton, PA, and this percentage has increased by 23.5% 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 | 86.5% | -2.1% |
% Black | 2.7% | -55.0% |
% Hispanic | 7.7% | ∞% |
% Asian | 2.4% | 60.0% |
% Foreign Born | 6.3% | 23.5% |
Mortgage and Risk — Tafton, PA
According to HUD data as of 2023, there were 51 mortgage originations in Tafton, PA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Tafton, PA. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 18.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Tafton, PA
Tafton, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 13.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,370 |
| 2 Bedroom | $180 | $1,600 | $1,780 |
| 3 Bedroom | N/A | N/A | $2,310 |
| 4 Bedroom | $360 | $2,600 | $2,960 |
Affordability — Tafton, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $359,000 |
| Median Household Income | $75,900 |