Richboro, PA—18954
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Richboro, PA
As of Oct '25, the median home price in Richboro, PA is $698,000, with a year-over-year change of 5.7%. This indicates that home prices in Richboro, 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 | $698,000 | 5.7% |
| Single Family | $705,000 | 6.2% |
| Condos | $532,000 | 6.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $498,000 | 5.5% |
3 Bed | $570,000 | 6.5% |
4 Bed | $744,000 | 5.8% |
| 5 Bed | $921,000 | 7.0% |
% of Housing Stock
Rental Trends — Richboro, PA
As of July '25, Rentcast reports the average rent in Richboro, PA is $5,320, with a year-over-year rent change of -14.7%. Per bedroom, the median rent as of July '25 in Richboro, PA is 3-bedrooms: $3,150, 4-bedrooms: $6,180. The most common rental property sizes in Richboro, PA are studio and 4-bedroom, accounting for 40.4% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,800 | $5,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,150 | $3,150 |
| 4 Bed Rent | $5,850 | $6,180 |
% of Rental Stock
Property Listings — Richboro, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Richboro, PA is 61. This is a increase of 45.0% 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 | $674,000 | -2.0% |
Listing Count | 23 | 21.0% |
| Listings as % of Homes | 0.3% | 21.0% |
Days on Market | 61 | 45.0% |
Demographics — Richboro, PA
As of the latest ACS Survey released in 2023, Richboro, PA has a population of 10,900, which has increased by 18.7% over the past 5 years. Richboro, PA is a moderately popular place for families, as children make up 21.3% of the population. The area has a highly educated workforce, with 62.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,900 | 18.7% |
% Under 18 | 21.3% | -1.4% |
% Seniors | 22.2% | 23.3% |
% WFH | 22.6% | 169.0% |
% w/ College Degree | 62.9% | 15.2% |
As of the latest ACS Survey released in 2023, Richboro, PA is a predominantly white area, with 82.9% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Richboro, PA is hispanic, making up 3.8% of the population. Foreign-born residents account for 11.9% of the population in Richboro, PA, and this percentage has increased by 15.5% 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 | 82.9% | -8.5% |
% Black | 1.7% | 112.5% |
% Hispanic | 3.8% | 46.2% |
% Asian | 3.5% | -23.9% |
% Foreign Born | 11.9% | 15.5% |
Mortgage and Risk — Richboro, PA
According to HUD data as of 2023, there were 88 mortgage originations in Richboro, PA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Richboro, PA. Investor activity is low, as 2.0% 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 | 88 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Richboro, PA
Richboro, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,940 |
| 2 Bedroom | N/A | N/A | $2,310 |
| 3 Bedroom | -$370 | $3,150 | $2,780 |
| 4 Bedroom | -$2,690 | $5,850 | $3,160 |
Affordability — Richboro, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $698,000 |
| Median Household Income | $155,000 |