Garnet Valley, PA—19060
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Garnet Valley, PA
As of Oct '25, the median home price in Garnet Valley, PA is $677,000, with a year-over-year change of 4.2%. This indicates that home prices in Garnet Valley, 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 | $677,000 | 4.2% |
| Single Family | $682,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $482,000 | 1.7% |
3 Bed | $566,000 | 3.5% |
4 Bed | $786,000 | 4.1% |
| 5 Bed | $1,071,000 | 4.5% |
% of Housing Stock
Rental Trends — Garnet Valley, PA
As of July '25, Rentcast reports the average rent in Garnet Valley, PA is $3,630, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in Garnet Valley, PA is 3-bedrooms: $2,720, 4-bedrooms: $4,080. The most common rental property sizes in Garnet Valley, PA are 1-bedroom and 3-bedroom, accounting for 61.5% and 38.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,150 | $3,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,900 | $2,720 |
| 4 Bed Rent | $3,750 | $4,080 |
% of Rental Stock
Property Listings — Garnet Valley, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Garnet Valley, PA is 30. This is a decrease of -19.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $811,000 | 2.0% |
Listing Count | 35 | 15.0% |
| Listings as % of Homes | 0.6% | 15.0% |
Days on Market | 30 | -19.0% |
Demographics — Garnet Valley, PA
As of the latest ACS Survey released in 2023, Garnet Valley, PA has a population of 11,500, which has increased by 1.5% over the past 5 years. Garnet Valley, PA is a moderately popular place for families, as children make up 22.1% of the population. The area has a highly educated workforce, with 55.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,500 | 1.5% |
% Under 18 | 22.1% | -3.5% |
% Seniors | 19.6% | 12.0% |
% WFH | 16.7% | 98.8% |
% w/ College Degree | 55.3% | 2.8% |
As of the latest ACS Survey released in 2023, Garnet Valley, PA is a predominantly white area, with 78.9% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Garnet Valley, PA is asian, making up 13.6% of the population. Foreign-born residents account for 10.6% of the population in Garnet Valley, PA, and this percentage has increased by 15.2% 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 | 78.9% | -4.2% |
% Black | 3.5% | 45.8% |
% Hispanic | 1.8% | 28.6% |
% Asian | 13.6% | 28.3% |
% Foreign Born | 10.6% | 15.2% |
Mortgage and Risk — Garnet Valley, PA
According to HUD data as of 2023, there were 187 mortgage originations in Garnet Valley, PA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Garnet Valley, PA. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 187 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Garnet Valley, PA
Garnet Valley, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,840 |
| 2 Bedroom | N/A | N/A | $2,190 |
| 3 Bedroom | -$270 | $2,900 | $2,630 |
| 4 Bedroom | -$750 | $3,750 | $3,000 |
Affordability — Garnet Valley, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $677,000 |
| Median Household Income | $175,000 |