Duryea, PA—18642
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Duryea, PA
As of Oct '25, the median home price in Duryea, PA is $195,000, with a year-over-year change of 4.5%. This indicates that home prices in Duryea, PA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | 4.5% |
| Single Family | $195,000 | 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 | $222,000 | 7.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Duryea, PA
As of July '25, Rentcast reports the average rent in Duryea, PA is $1,390, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Duryea, PA is 1-bedrooms: $850, 2-bedrooms: $1,270, 3-bedrooms: $1,460, 4-bedrooms: $1,600. The most common rental property sizes in Duryea, PA are 3-bedroom and 1-bedroom, accounting for 44.3% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $850 |
| 2 Bed Rent | $1,250 | $1,270 |
| 3 Bed Rent | $1,300 | $1,460 |
| 4 Bed Rent | $1,600 | $1,600 |
% of Rental Stock
Property Listings — Duryea, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Duryea, PA is 85. This is a decrease of -7.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $221,000 | -23.0% |
Listing Count | 16 | 7.0% |
| Listings as % of Homes | 0.3% | 7.0% |
Days on Market | 85 | -7.0% |
Demographics — Duryea, PA
As of the latest ACS Survey released in 2023, Duryea, PA has a population of 4,470, which has increased by 7.2% over the past 5 years. Duryea, PA is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,470 | 7.2% |
% Under 18 | 26.0% | 55.7% |
% Seniors | 21.0% | 12.3% |
% WFH | 14.0% | 1,900.0% |
% w/ College Degree | 21.8% | -26.1% |
As of the latest ACS Survey released in 2023, Duryea, PA is a predominantly white area, with 78.3% of the population identifying as white. The white population has shrunk by 18.9% in the last 5 years. The second most common race or ethnicity in Duryea, PA is hispanic, making up 20.7% of the population. Foreign-born residents account for 7.3% of the population in Duryea, PA, and this percentage has increased by 812.5% 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 | 78.3% | -18.9% |
% Black | 0.2% | -66.7% |
% Hispanic | 20.7% | 696.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 7.3% | 812.5% |
Mortgage and Risk — Duryea, PA
According to HUD data as of 2023, there were 95 mortgage originations in Duryea, PA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Duryea, PA. Investor activity is low, as 2.0% 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 | 95 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Duryea, PA
As of 2024, the percent of homes in Duryea, PA under the Section 8 program is 1.1%. 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 Duryea, PA, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 125 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $850 | $950 |
| 2 Bedroom | -$100 | $1,250 | $1,150 |
| 3 Bedroom | $200 | $1,300 | $1,500 |
| 4 Bedroom | $30 | $1,600 | $1,630 |
Affordability — Duryea, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $195,000 |
| Median Household Income | $61,600 |