Towanda, PA—18848
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Towanda, PA
As of Oct '25, the median home price in Towanda, PA is $196,000, with a year-over-year change of 5.6%. This indicates that home prices in Towanda, 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 | $196,000 | 5.6% |
| Single Family | $196,000 | 5.4% |
| 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 | 5.9% |
3 Bed | $201,000 | 4.1% |
4 Bed | $228,000 | 4.1% |
| 5 Bed | $240,000 | 7.1% |
% of Housing Stock
Rental Trends — Towanda, PA
As of July '25, Rentcast reports the average rent in Towanda, PA is $1,080, with a year-over-year rent change of -25.5%. Per bedroom, the median rent as of July '25 in Towanda, PA is 3-bedrooms: $1,080. The most common rental property sizes in Towanda, PA are 1-bedroom and 2-bedroom, accounting for 33.7% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $950 | $1,080 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Towanda, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Towanda, PA is 56. This is a increase of 4.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $160,000 | -16.0% |
Listing Count | 26 | 11.0% |
| Listings as % of Homes | 0.4% | 11.0% |
Days on Market | 56 | 4.0% |
Demographics — Towanda, PA
As of the latest ACS Survey released in 2023, Towanda, PA has a population of 8,620, which has increased by 1.6% over the past 5 years. Towanda, PA is a moderately popular place for families, as children make up 19.3% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,620 | 1.6% |
% Under 18 | 19.3% | -10.6% |
% Seniors | 25.1% | 12.6% |
% WFH | 6.8% | 78.9% |
% w/ College Degree | 21.3% | 13.3% |
As of the latest ACS Survey released in 2023, Towanda, PA is a predominantly white area, with 96.0% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Towanda, PA is black, making up 1.6% of the population. Foreign-born residents account for 1.8% of the population in Towanda, PA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.0% | -0.7% |
% Black | 1.6% | 220.0% |
% Hispanic | 1.5% | -25.0% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 1.8% | 0.0% |
Mortgage and Risk — Towanda, PA
According to HUD data as of 2023, there were 106 mortgage originations in Towanda, PA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Towanda, PA. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 106 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Towanda, PA
Towanda, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 177 |
Total Units Section 8 | 79 |
% 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 | $790 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | $290 | $950 | $1,240 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Towanda, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $196,000 |
| Median Household Income | $57,400 |