Pittston, PA—18640
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pittston, PA
As of Oct '25, the median home price in Pittston, PA is $198,000, with a year-over-year change of 3.6%. This indicates that home prices in Pittston, PA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | 3.6% |
| Single Family | $196,000 | 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 | $167,000 | 4.4% |
3 Bed | $196,000 | 4.3% |
4 Bed | $233,000 | 4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pittston, PA
As of July '25, Rentcast reports the average rent in Pittston, PA is $1,350, with a year-over-year rent change of 0.7%. Per bedroom, the median rent as of July '25 in Pittston, PA is 1-bedrooms: $1,060, 2-bedrooms: $1,290, 3-bedrooms: $1,480, 4-bedrooms: $1,650. The most common rental property sizes in Pittston, PA are 3-bedroom and 2-bedroom, accounting for 34.3% and 30.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $975 | $1,060 |
| 2 Bed Rent | $1,200 | $1,290 |
| 3 Bed Rent | $1,350 | $1,480 |
| 4 Bed Rent | $1,650 | $1,650 |
% of Rental Stock
Property Listings — Pittston, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pittston, PA is 57. This is a decrease of -10.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $261,000 | 50.0% |
Listing Count | 42 | 33.0% |
| Listings as % of Homes | 0.2% | 33.0% |
Days on Market | 57 | -10.0% |
Demographics — Pittston, PA
As of the latest ACS Survey released in 2023, Pittston, PA has a population of 16,400, which has decreased by -4.6% over the past 5 years. Pittston, PA is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,400 | -4.6% |
% Under 18 | 18.9% | -1.0% |
% Seniors | 20.5% | 1.0% |
% WFH | 9.6% | 209.7% |
% w/ College Degree | 25.2% | 32.6% |
As of the latest ACS Survey released in 2023, Pittston, PA is a predominantly white area, with 84.8% of the population identifying as white. The white population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Pittston, PA is black, making up 5.9% of the population. Foreign-born residents account for 3.1% of the population in Pittston, PA, and this percentage has increased by 93.8% 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 | 84.8% | -9.3% |
% Black | 5.9% | 145.8% |
% Hispanic | 5.9% | 136.0% |
% Asian | 0.9% | 350.0% |
% Foreign Born | 3.1% | 93.8% |
Mortgage and Risk — Pittston, PA
According to HUD data as of 2023, there were 245 mortgage originations in Pittston, PA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Pittston, PA. Investor activity is low, as 4.0% of loans were by investors. 9.0% 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 | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Pittston, PA
As of 2024, the percent of homes in Pittston, PA under the Section 8 program is 9.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Pittston, PA, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 591 |
Total Units Section 8 | 289 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 94.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $5 | $975 | $980 |
| 2 Bedroom | -$10 | $1,200 | $1,190 |
| 3 Bedroom | $200 | $1,350 | $1,550 |
| 4 Bedroom | $40 | $1,650 | $1,690 |
Affordability — Pittston, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $198,000 |
| Median Household Income | $57,400 |