Merion Station, PA—19066
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Merion Station, PA
As of Oct '25, the median home price in Merion Station, PA is $1,027,000, with a year-over-year change of 5.5%. This indicates that home prices in Merion Station, PA are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,027,000 | 5.5% |
| Single Family | $1,062,000 | 5.5% |
| Condos | $348,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $360,000 | 1.4% |
3 Bed | $629,000 | 4.8% |
4 Bed | $1,011,000 | 4.1% |
| 5 Bed | $1,318,000 | 6.4% |
% of Housing Stock
Rental Trends — Merion Station, PA
As of July '25, Rentcast reports the average rent in Merion Station, PA is $3,620, with a year-over-year rent change of -2.7%. Per bedroom, the median rent as of July '25 in Merion Station, PA is 2-bedrooms: $2,480, 3-bedrooms: $3,420, 4-bedrooms: $4,350. The most common rental property sizes in Merion Station, PA are 3-bedroom and 2-bedroom, accounting for 46.3% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,600 | $2,480 |
| 3 Bed Rent | $3,500 | $3,420 |
| 4 Bed Rent | $3,500 | $4,350 |
% of Rental Stock
Property Listings — Merion Station, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Merion Station, PA is 55. This is a increase of 25.0% 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 | $496,000 | -56.0% |
Listing Count | 12 | -9.0% |
| Listings as % of Homes | 0.4% | -9.0% |
Days on Market | 55 | 25.0% |
Demographics — Merion Station, PA
As of the latest ACS Survey released in 2023, Merion Station, PA has a population of 5,890, which has increased by 7.2% over the past 5 years. Merion Station, PA is a popular place for families, as children make up 26.3% of the population. The area has a highly educated workforce, with 83.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 35.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,890 | 7.2% |
% Under 18 | 26.3% | 7.8% |
% Seniors | 19.1% | -8.2% |
% WFH | 35.4% | 134.4% |
% w/ College Degree | 83.6% | -3.6% |
As of the latest ACS Survey released in 2023, Merion Station, PA is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 9.7% in the last 5 years. The second most common race or ethnicity in Merion Station, PA is asian, making up 8.1% of the population. Foreign-born residents account for 11.2% of the population in Merion Station, PA, and this percentage has increased by 55.6% 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% | -9.7% |
% Black | 2.5% | -30.6% |
% Hispanic | 2.4% | 14.3% |
% Asian | 8.1% | 84.1% |
% Foreign Born | 11.2% | 55.6% |
Mortgage and Risk — Merion Station, PA
According to HUD data as of 2023, there were 85 mortgage originations in Merion Station, PA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Merion Station, PA. Investor activity is low, as 0.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 85 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Merion Station, PA
Merion Station, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,270 |
| 2 Bedroom | $100 | $2,600 | $2,700 |
| 3 Bedroom | -$250 | $3,500 | $3,250 |
| 4 Bedroom | $200 | $3,500 | $3,700 |
Affordability — Merion Station, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $1,027,000 |
| Median Household Income | $244,000 |