Sayre, PA—18840
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sayre, PA
As of Oct '25, the median home price in Sayre, PA is $189,000, with a year-over-year change of 7.1%. This indicates that home prices in Sayre, 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 | $189,000 | 7.1% |
| Single Family | $189,000 | 6.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $162,000 | 7.3% |
3 Bed | $189,000 | 6.8% |
4 Bed | $241,000 | 5.7% |
| 5 Bed | $277,000 | 3.4% |
% of Housing Stock
Rental Trends — Sayre, PA
As of July '25, Rentcast reports the average rent in Sayre, PA is $2,000, with a year-over-year rent change of 104.5%. Per bedroom, the median rent as of July '25 in Sayre, PA is 2-bedrooms: $1,850, 3-bedrooms: $2,040, 4-bedrooms: $2,200. The most common rental property sizes in Sayre, PA are 3-bedroom and 2-bedroom, accounting for 31.7% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,600 | $1,850 |
| 3 Bed Rent | $1,580 | $2,040 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Sayre, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sayre, PA is 48. This is a increase of 49.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $195,000 | -5.0% |
Listing Count | 26 | 7.0% |
| Listings as % of Homes | 0.3% | 7.0% |
Days on Market | 48 | 49.0% |
Demographics — Sayre, PA
As of the latest ACS Survey released in 2023, Sayre, PA has a population of 11,200, which has increased by 4.4% over the past 5 years. Sayre, PA is a popular place for families, as children make up 26.0% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,200 | 4.4% |
% Under 18 | 26.0% | 36.8% |
% Seniors | 19.6% | -2.5% |
% WFH | 7.9% | 119.4% |
% w/ College Degree | 35.7% | 45.7% |
As of the latest ACS Survey released in 2023, Sayre, PA is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Sayre, PA is hispanic, making up 1.8% of the population. Foreign-born residents account for 5.2% of the population in Sayre, PA, and this percentage has increased by 126.1% 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 | 92.7% | -2.4% |
% Black | 1.4% | 180.0% |
% Hispanic | 1.8% | 12.5% |
% Asian | 0.6% | -50.0% |
% Foreign Born | 5.2% | 126.1% |
Mortgage and Risk — Sayre, PA
According to HUD data as of 2023, there were 115 mortgage originations in Sayre, PA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Sayre, PA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 115 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Sayre, PA
Sayre, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 160 |
Total Units Section 8 | 58 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 67.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | -$620 | $1,600 | $980 |
| 3 Bedroom | -$330 | $1,580 | $1,250 |
| 4 Bedroom | -$770 | $2,200 | $1,430 |
Affordability — Sayre, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $189,000 |
| Median Household Income | $59,800 |