Shavertown, PA—18708
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shavertown, PA
As of Oct '25, the median home price in Shavertown, PA is $288,000, with a year-over-year change of 2.9%. This indicates that home prices in Shavertown, PA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $288,000 | 2.9% |
| Single Family | $289,000 | 2.1% |
| 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 | $274,000 | 3.0% |
4 Bed | $405,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shavertown, PA
As of July '25, Rentcast reports the average rent in Shavertown, PA is $1,800, with a year-over-year rent change of 4.7%. Per bedroom, the median rent as of July '25 in Shavertown, PA is 1-bedrooms: $900, 2-bedrooms: $1,450, 3-bedrooms: $1,980, 4-bedrooms: $2,500. The most common rental property sizes in Shavertown, PA are 2-bedroom and 3-bedroom, accounting for 64.8% and 14.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $900 |
| 2 Bed Rent | $1,450 | $1,450 |
| 3 Bed Rent | $1,900 | $1,980 |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Shavertown, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Shavertown, PA is 35. This is a decrease of -28.0% 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 64.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | -21.0% |
Listing Count | 22 | 27.0% |
| Listings as % of Homes | 0.3% | 27.0% |
Days on Market | 35 | -28.0% |
Demographics — Shavertown, PA
As of the latest ACS Survey released in 2023, Shavertown, PA has a population of 9,060, which has increased by 4.8% over the past 5 years. Shavertown, PA is a moderately popular place for families, as children make up 17.7% of the population. The area has a highly educated workforce, with 50.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,060 | 4.8% |
% Under 18 | 17.7% | -14.1% |
% Seniors | 22.3% | 23.2% |
% WFH | 12.8% | 412.0% |
% w/ College Degree | 50.0% | 22.9% |
As of the latest ACS Survey released in 2023, Shavertown, PA is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Shavertown, PA is black, making up 2.3% of the population. Foreign-born residents account for 4.0% of the population in Shavertown, PA, and this percentage has increased by 25.0% 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 | 93.0% | -1.8% |
% Black | 2.3% | 76.9% |
% Hispanic | 2.0% | 122.2% |
% Asian | 1.7% | -39.3% |
% Foreign Born | 4.0% | 25.0% |
Mortgage and Risk — Shavertown, PA
According to HUD data as of 2023, there were 187 mortgage originations in Shavertown, PA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Shavertown, PA. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 187 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Shavertown, PA
As of 2024, the percent of homes in Shavertown, PA under the Section 8 program is 0.7%. 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 units appear to be good home sizes to consider for Section 8 housing in Shavertown, PA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 120 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $900 | $1,000 |
| 2 Bedroom | -$240 | $1,450 | $1,210 |
| 3 Bedroom | -$320 | $1,900 | $1,580 |
| 4 Bedroom | -$780 | $2,500 | $1,720 |
Affordability — Shavertown, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $288,000 |
| Median Household Income | $95,500 |