Tunkhannock, PA 18657 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Tunkhannock, PA—18657

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$232,000

0.6% YoY Growth

Household Income

$75,300

20.1% YoY Growth

Days on Market

11.0% Longer YoY

Home Price Forecast

3.0%

Median Rent

$1,300

24.6% YoY Growth

1-Bed Rent

$750

9.5% YoY Growth

2-Bed Rent

$1,150

46.2% YoY Growth

3-Bed Rent

$1,800

22.2% YoY Growth

Home Price Trends — Tunkhannock, PA

As of Dec '25, the median home price in Tunkhannock, PA is $232,000, with a year-over-year change of 0.6%. This indicates that home prices in Tunkhannock, PA are flat. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$232,000	0.6%
Single Family	$231,000	-0.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Tunkhannock, PA

As of July '25, Rentcast reports the average rent in Tunkhannock, PA is $1,570, with a year-over-year rent change of 24.6%. Per bedroom, the median rent as of July '25 in Tunkhannock, PA is 1-bedrooms: $750, 2-bedrooms: $1,550, 3-bedrooms: $1,930, 4-bedrooms: $1,400. The most common rental property sizes in Tunkhannock, PA are 3-bedroom and 2-bedroom, accounting for 37.1% and 27.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,300	$1,570
Studio Rent	N/A	N/A
1 Bed Rent	$750	$750
2 Bed Rent	$1,150	$1,550
3 Bed Rent	$1,800	$1,930
4 Bed Rent	$1,400	$1,400

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% of Rental Stock

Studio

2.6%

1 Bedroom

18.9%

2 Bedrooms

27.6%

3 Bedrooms

37.1%

4 Bedrooms

12.4%

5+ Bedrooms

1.5%

Property Listings — Tunkhannock, PA

As of Dec '25, Realtor.com reports that the median days on market for a home in Tunkhannock, PA is 56. 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$371,000	39.0%
Listing Count	32	21.0%
Listings as % of Homes	0.4%	21.0%
Days on Market	80	11.0%

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Demographics — Tunkhannock, PA

As of the latest ACS Survey released in 2023, Tunkhannock, PA has a population of 11,000, which has decreased by -8.4% over the past 5 years. Tunkhannock, PA is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,000	-8.4%
% Under 18	20.0%	-2.0%
% Seniors	21.4%	0.9%
% WFH	6.7%	17.5%
% w/ College Degree	22.4%	3.7%

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As of the latest ACS Survey released in 2023, Tunkhannock, PA is a predominantly white area, with 94.7% 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 Tunkhannock, PA is hispanic, making up 2.0% of the population. Foreign-born residents account for 1.4% of the population in Tunkhannock, PA, and this percentage has increased by 40.0% 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	94.7%	-2.1%
% Black	0.8%	0.0%
% Hispanic	2.0%	81.8%
% Asian	0.2%	-33.3%
% Foreign Born	1.4%	40.0%

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Mortgage and Risk — Tunkhannock, PA

According to HUD data as of 2023, there were 195 mortgage originations in Tunkhannock, PA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Tunkhannock, PA. Investor activity is low, as 1.0% 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	195
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	1.0%
% Second Loans	6.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Tunkhannock, PA

As of 2024, the percent of homes in Tunkhannock, PA under the Section 8 program is 14.3%. 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 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Tunkhannock, PA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	186
Total Units Section 8	186
% Rentals under Section 8	14.3%
% Occupied Section 8	73.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$170	$750	$920
2 Bedroom	-$40	$1,150	$1,110
3 Bedroom	-$350	$1,800	$1,450
4 Bedroom	$180	$1,400	$1,580

Tunkhannock, PA—18657

Key Metrics at a Glance

Home Price Trends — Tunkhannock, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tunkhannock, PA

% of Rental Stock

Property Listings — Tunkhannock, PA

Demographics — Tunkhannock, PA

Race and Ethnicity

Mortgage and Risk — Tunkhannock, PA

Mortgages

Rentals and Section 8 — Tunkhannock, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Tunkhannock, PA

Home Price to Income Ratio

Tunkhannock, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Falls, PA

Meshoppen, PA

Factoryville, PA

Harveys Lake, PA

Springville, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$232,000
Median Household Income	$75,300

Tunkhannock, PA—18657

Key Metrics at a Glance

Home Price Trends — Tunkhannock, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tunkhannock, PA

% of Rental Stock

Property Listings — Tunkhannock, PA

Demographics — Tunkhannock, PA

Race and Ethnicity

Mortgage and Risk — Tunkhannock, PA

Mortgages

Rentals and Section 8 — Tunkhannock, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Tunkhannock, PA

Home Price to Income Ratio

Tunkhannock, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Falls, PA

Meshoppen, PA

Factoryville, PA

Harveys Lake, PA

Springville, PA

Frequently Asked Questions

What is the average home price in Tunkhannock, PA 18657?

How have home prices in Tunkhannock, PA 18657 changed over the past year?

What is the home price projection for Tunkhannock, PA 18657?

What are the demographics of Tunkhannock, PA 18657?

How long does it take homes to sell in Tunkhannock, PA 18657?

What is the average rent price in Tunkhannock, PA 18657?