Essington, PA 19029 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Essington, PA—19029

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$244,000

0.9% YoY Growth

Household Income

$50,000

4.8% YoY Growth

Days on Market

8.0% Longer YoY

Home Price Forecast

2.1%

Median Rent

$1,500

7.3% YoY Growth

1-Bed Rent

$1,100

0.0% YoY Growth

2-Bed Rent

$1,500

12.6% YoY Growth

3-Bed Rent

$1,950

7.1% YoY Growth

Home Price Trends — Essington, PA

As of Dec '25, the median home price in Essington, PA is $244,000, with a year-over-year change of 0.9%. This indicates that home prices in Essington, PA are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$244,000	0.9%
Single Family	$244,000	0.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Essington, PA

As of July '25, Rentcast reports the average rent in Essington, PA is $1,520, with a year-over-year rent change of -7.3%. Per bedroom, the median rent as of July '25 in Essington, PA is 1-bedrooms: $1,100, 2-bedrooms: $1,520, 3-bedrooms: $1,950. The most common rental property sizes in Essington, PA are 3-bedroom and 2-bedroom, accounting for 57.1% and 24.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,520
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,100
2 Bed Rent	$1,500	$1,520
3 Bed Rent	$1,950	$1,950
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

16.4%

2 Bedrooms

24.5%

3 Bedrooms

57.1%

4 Bedrooms

2.0%

Property Listings — Essington, PA

As of Dec '25, Realtor.com reports that the median days on market for a home in Essington, PA is 70. This is a decrease of -6.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$246,000	-3.0%
Listing Count	9	-40.0%
Listings as % of Homes	0.9%	-40.0%
Days on Market	87	8.0%

Loading chart...

Demographics — Essington, PA

As of the latest ACS Survey released in 2023, Essington, PA has a population of 3,970, which has decreased by -1.1% over the past 5 years. Essington, PA is a moderately popular place for families, as children make up 17.6% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,970	-1.1%
% Under 18	17.6%	-11.6%
% Seniors	22.1%	38.1%
% WFH	9.4%	193.8%
% w/ College Degree	18.7%	58.5%

Loading chart...

As of the latest ACS Survey released in 2023, Essington, PA is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Essington, PA is hispanic, making up 4.7% of the population. Foreign-born residents account for 1.6% of the population in Essington, PA, and this percentage has increased by 14.3% 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	91.4%	-5.8%
% Black	0.9%	28.6%
% Hispanic	4.7%	370.0%
% Asian	0.6%	100.0%
% Foreign Born	1.6%	14.3%

Loading chart...

Mortgage and Risk — Essington, PA

According to HUD data as of 2023, there were 76 mortgage originations in Essington, PA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Essington, PA. Investor activity is low, as 3.0% 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	76
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

Loading chart...

Rentals and Section 8 — Essington, PA

Essington, PA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	20
Total Units Section 8	20
% Rentals under Section 8	3.6%
% Occupied Section 8	77.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$370	$1,100	$1,470
2 Bedroom	$250	$1,500	$1,750
3 Bedroom	$160	$1,950	$2,110
4 Bedroom	N/A	N/A	$2,400

Essington, PA—19029

Key Metrics at a Glance

Home Price Trends — Essington, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Essington, PA

% of Rental Stock

Property Listings — Essington, PA

Demographics — Essington, PA

Race and Ethnicity

Mortgage and Risk — Essington, PA

Mortgages

Rentals and Section 8 — Essington, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Essington, PA

Home Price to Income Ratio

Essington, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Norwood, PA

Prospect Park, PA

Folcroft, PA

Ridley Park, PA

Gibbstown, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$244,000
Median Household Income	$50,000

Essington, PA—19029

Key Metrics at a Glance

Home Price Trends — Essington, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Essington, PA

% of Rental Stock

Property Listings — Essington, PA

Demographics — Essington, PA

Race and Ethnicity

Mortgage and Risk — Essington, PA

Mortgages

Rentals and Section 8 — Essington, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Essington, PA

Home Price to Income Ratio

Essington, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Norwood, PA

Prospect Park, PA

Folcroft, PA

Ridley Park, PA

Gibbstown, NJ

Frequently Asked Questions

What is the average home price in Essington, PA 19029?

How have home prices in Essington, PA 19029 changed over the past year?

What is the home price projection for Essington, PA 19029?

What are the demographics of Essington, PA 19029?

How long does it take homes to sell in Essington, PA 19029?

What is the average rent price in Essington, PA 19029?