Media, PA—19063
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Media, PA
As of Oct '25, the median home price in Media, PA is $626,000, with a year-over-year change of 4.0%. This indicates that home prices in Media, PA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $626,000 | 4.1% |
| Single Family | $639,000 | 4.4% |
| Condos | $292,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $203,000 | 2.0% |
2 Bed | $381,000 | 3.3% |
3 Bed | $535,000 | 4.1% |
4 Bed | $778,000 | 5.3% |
| 5 Bed | $1,005,000 | 4.7% |
% of Housing Stock
Rental Trends — Media, PA
As of July '25, Rentcast reports the average rent in Media, PA is $2,470, with a year-over-year rent change of 0.4%. Per bedroom, the median rent as of July '25 in Media, PA is studios: $1,600, 1-bedrooms: $1,650, 2-bedrooms: $2,340, 3-bedrooms: $3,560, 4-bedrooms: $3,930. The most common rental property sizes in Media, PA are 1-bedroom and 2-bedroom, accounting for 52.2% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,470 |
| Studio Rent | $1,310 | $1,600 |
| 1 Bed Rent | $1,550 | $1,650 |
| 2 Bed Rent | $2,400 | $2,340 |
| 3 Bed Rent | $3,650 | $3,560 |
| 4 Bed Rent | $3,900 | $3,930 |
% of Rental Stock
Property Listings — Media, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Media, PA is 31. This is a decrease of -23.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $700,000 | -17.0% |
Listing Count | 116 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 31 | -23.0% |
Demographics — Media, PA
As of the latest ACS Survey released in 2023, Media, PA has a population of 38,200, which has increased by 6.7% over the past 5 years. Media, PA is a moderately popular place for families, as children make up 18.3% of the population. The area has a highly educated workforce, with 59.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,200 | 6.7% |
% Under 18 | 18.3% | -1.6% |
% Seniors | 23.0% | 3.6% |
% WFH | 21.5% | 186.7% |
% w/ College Degree | 59.8% | 5.7% |
As of the latest ACS Survey released in 2023, Media, PA is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Media, PA is asian, making up 7.9% of the population. Foreign-born residents account for 8.7% of the population in Media, PA, and this percentage has increased by 11.5% 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 | 81.5% | -5.1% |
% Black | 4.4% | -12.0% |
% Hispanic | 2.4% | -7.7% |
% Asian | 7.9% | 79.5% |
% Foreign Born | 8.7% | 11.5% |
Mortgage and Risk — Media, PA
According to HUD data as of 2023, there were 813 mortgage originations in Media, PA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Media, PA. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 813 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Media, PA
As of 2024, the percent of homes in Media, PA under the Section 8 program is 0.5%. 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 Media, 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 | 33 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $1,550 | $1,590 |
| 2 Bedroom | -$500 | $2,400 | $1,900 |
| 3 Bedroom | -$1,360 | $3,650 | $2,290 |
| 4 Bedroom | -$1,300 | $3,900 | $2,600 |
Affordability — Media, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $626,000 |
| Median Household Income | $122,000 |