Laceyville, PA—18623
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Laceyville, PA
As of Oct '25, the median home price in Laceyville, PA is $194,000, with a year-over-year change of 4.9%. This indicates that home prices in Laceyville, 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 | $194,000 | 4.9% |
| Single Family | $194,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $208,000 | 4.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Laceyville, PA
Laceyville, 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 — Laceyville, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Laceyville, PA is 51. This is a increase of 342.0% 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 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 | $266,000 | 62.0% |
Listing Count | 5 | -10.0% |
| Listings as % of Homes | 0.8% | -10.0% |
Days on Market | 51 | 342.0% |
Demographics — Laceyville, PA
As of the latest ACS Survey released in 2023, Laceyville, PA has a population of 2,190, which has decreased by -19.7% over the past 5 years. Laceyville, PA is a moderately popular place for families, as children make up 17.7% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,190 | -19.7% |
% Under 18 | 17.7% | -14.1% |
% Seniors | 21.6% | 5.9% |
% WFH | 12.6% | 142.3% |
% w/ College Degree | 13.3% | 47.8% |
As of the latest ACS Survey released in 2023, Laceyville, PA is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Laceyville, PA is hispanic, making up 3.3% of the population. Foreign-born residents account for 3.5% of the population in Laceyville, PA, and this percentage has increased by 118.8% 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 | 93.0% | -0.5% |
% Black | 0.5% | 66.7% |
% Hispanic | 3.3% | -8.3% |
% Asian | 0.1% | ∞% |
% Foreign Born | 3.5% | 118.8% |
Mortgage and Risk — Laceyville, PA
According to HUD data as of 2023, there were 30 mortgage originations in Laceyville, PA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Laceyville, PA. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Laceyville, PA
Laceyville, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 73.0% |
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 | $1,050 |
| 3 Bedroom | N/A | N/A | $1,350 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Laceyville, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $194,000 |
| Median Household Income | $74,600 |