Souderton, PA—18964
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Souderton, PA
As of Oct '25, the median home price in Souderton, PA is $449,000, with a year-over-year change of 3.0%. This indicates that home prices in Souderton, PA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $449,000 | 3.1% |
| Single Family | $452,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $414,000 | 2.7% |
3 Bed | $418,000 | 2.5% |
4 Bed | $559,000 | 4.3% |
| 5 Bed | $587,000 | 5.4% |
% of Housing Stock
Rental Trends — Souderton, PA
As of July '25, Rentcast reports the average rent in Souderton, PA is $2,560, with a year-over-year rent change of 2.4%. Per bedroom, the median rent as of July '25 in Souderton, PA is 1-bedrooms: $1,750, 2-bedrooms: $2,160, 3-bedrooms: $3,300, 4-bedrooms: $3,140. The most common rental property sizes in Souderton, PA are 1-bedroom and 2-bedroom, accounting for 32.8% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,750 |
| 2 Bed Rent | $1,850 | $2,160 |
| 3 Bed Rent | $3,500 | $3,300 |
| 4 Bed Rent | $2,850 | $3,140 |
% of Rental Stock
Property Listings — Souderton, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Souderton, PA is 25. This is a increase of 61.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $544,000 | 7.0% |
Listing Count | 31 | 49.0% |
| Listings as % of Homes | 0.3% | 49.0% |
Days on Market | 25 | 61.0% |
Demographics — Souderton, PA
As of the latest ACS Survey released in 2023, Souderton, PA has a population of 14,400, which has increased by 2.9% over the past 5 years. Souderton, PA is a popular place for families, as children make up 25.1% of the population. The area has a moderately educated workforce, with 40.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,400 | 2.9% |
% Under 18 | 25.1% | 21.3% |
% Seniors | 17.8% | -6.3% |
% WFH | 16.2% | 422.6% |
% w/ College Degree | 40.1% | 21.5% |
As of the latest ACS Survey released in 2023, Souderton, PA is a predominantly white area, with 78.7% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Souderton, PA is hispanic, making up 10.6% of the population. Foreign-born residents account for 9.8% of the population in Souderton, PA, and this percentage has decreased by 17.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.7% | -3.8% |
% Black | 1.7% | 30.8% |
% Hispanic | 10.6% | 68.3% |
% Asian | 6.2% | -31.9% |
% Foreign Born | 9.8% | -17.6% |
Mortgage and Risk — Souderton, PA
According to HUD data as of 2023, there were 262 mortgage originations in Souderton, PA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Souderton, PA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 262 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Souderton, PA
As of 2024, the percent of homes in Souderton, PA under the Section 8 program is 7.3%. 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 units appear to be good home sizes to consider for Section 8 housing in Souderton, 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 | 123 |
Total Units Section 8 | 123 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 91.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,200 | $1,390 |
| 2 Bedroom | -$190 | $1,850 | $1,660 |
| 3 Bedroom | -$1,500 | $3,500 | $2,000 |
| 4 Bedroom | -$580 | $2,850 | $2,270 |
Affordability — Souderton, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $449,000 |
| Median Household Income | $94,300 |