Merion Station, PA 19066 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Merion Station, PA—19066

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,128,000

6.9% YoY Growth

Household Income

$244,000

26.6% YoY Growth

Days on Market

431.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$3,500

2.7% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$2,600

3.8% YoY Growth

3-Bed Rent

$3,500

6.2% YoY Growth

Home Price Trends — Merion Station, PA

As of May '26, the median home price in Merion Station, PA is $1,128,000, with a year-over-year change of 6.9%. This indicates that home prices in Merion Station, 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	$1,128,000	6.9%
Single Family	$1,170,000	6.9%
Condos	$353,000	0.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

8.5%

1 Bedroom

13.3%

2 Bedrooms

22.9%

3 Bedrooms

46.3%

4 Bedrooms

4.3%

5+ Bedrooms

4.8%

Property Listings — Merion Station, PA

As of May '26, Realtor.com reports that the median days on market for a home in Merion Station, PA is 49. This is a increase of 431.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$575,000	-43.0%
Listing Count	26	106.0%
Listings as % of Homes	0.4%	106.0%
Days on Market	49	431.0%

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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%

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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%

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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%

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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

Merion Station, PA—19066

Key Metrics at a Glance

Home Price Trends — Merion Station, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Merion Station, PA

% of Rental Stock

Property Listings — Merion Station, PA

Demographics — Merion Station, PA

Race and Ethnicity

Mortgage and Risk — Merion Station, PA

Mortgages

Rentals and Section 8 — Merion Station, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Merion Station, PA

Home Price to Income Ratio

Merion Station, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Bala-Cynwyd, PA

Narberth, PA

Wynnewood, PA

Overbrook, Philadelphia, PA

Wynnefield, Philadelphia, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$1,128,000
Median Household Income	$244,000

Merion Station, PA—19066

Key Metrics at a Glance

Home Price Trends — Merion Station, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Merion Station, PA

% of Rental Stock

Property Listings — Merion Station, PA

Demographics — Merion Station, PA

Race and Ethnicity

Mortgage and Risk — Merion Station, PA

Mortgages

Rentals and Section 8 — Merion Station, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Merion Station, PA

Home Price to Income Ratio

Merion Station, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Bala-Cynwyd, PA

Narberth, PA

Wynnewood, PA

Overbrook, Philadelphia, PA

Wynnefield, Philadelphia, PA

Frequently Asked Questions

What is the average home price in Merion Station, PA 19066?

How have home prices in Merion Station, PA 19066 changed over the past year?

What is the home price projection for Merion Station, PA 19066?

What are the demographics of Merion Station, PA 19066?

How long does it take homes to sell in Merion Station, PA 19066?

What is the average rent price in Merion Station, PA 19066?