Downingtown, PA—19335
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Downingtown, PA
As of Oct '25, the median home price in Downingtown, PA is $563,000, with a year-over-year change of 3.9%. This indicates that home prices in Downingtown, 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 | $563,000 | 3.9% |
| Single Family | $573,000 | 3.8% |
| Condos | $259,000 | 4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $179,000 | 2.9% |
2 Bed | $393,000 | 3.7% |
3 Bed | $465,000 | 3.3% |
4 Bed | $685,000 | 4.1% |
| 5 Bed | $839,000 | 3.7% |
% of Housing Stock
Rental Trends — Downingtown, PA
As of July '25, Rentcast reports the average rent in Downingtown, PA is $2,290, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in Downingtown, PA is studios: $950, 1-bedrooms: $1,600, 2-bedrooms: $1,840, 3-bedrooms: $2,780, 4-bedrooms: $3,060. The most common rental property sizes in Downingtown, PA are 1-bedroom and 2-bedroom, accounting for 39.8% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,290 |
| Studio Rent | $1,200 | $950 |
| 1 Bed Rent | $1,500 | $1,600 |
| 2 Bed Rent | $1,750 | $1,840 |
| 3 Bed Rent | $2,900 | $2,780 |
| 4 Bed Rent | $2,990 | $3,060 |
% of Rental Stock
Property Listings — Downingtown, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Downingtown, PA is 33. This is a decrease of -5.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $653,000 | 7.0% |
Listing Count | 144 | 14.0% |
| Listings as % of Homes | 0.6% | 14.0% |
Days on Market | 33 | -5.0% |
Demographics — Downingtown, PA
As of the latest ACS Survey released in 2023, Downingtown, PA has a population of 52,500, which has increased by 7.5% over the past 5 years. Downingtown, PA is a moderately popular place for families, as children make up 23.9% of the population. The area has a highly educated workforce, with 61.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 52,500 | 7.5% |
% Under 18 | 23.9% | -3.6% |
% Seniors | 14.5% | 12.4% |
% WFH | 26.4% | 261.6% |
% w/ College Degree | 61.6% | 12.2% |
As of the latest ACS Survey released in 2023, Downingtown, PA is a predominantly white area, with 80.2% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Downingtown, PA is asian, making up 8.2% of the population. Foreign-born residents account for 9.2% of the population in Downingtown, PA, and this percentage has increased by 21.1% 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 | 80.2% | -3.8% |
% Black | 5.0% | 19.0% |
% Hispanic | 3.1% | -35.4% |
% Asian | 8.2% | 28.1% |
% Foreign Born | 9.2% | 21.1% |
Mortgage and Risk — Downingtown, PA
According to HUD data as of 2023, there were 1100 mortgage originations in Downingtown, PA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Downingtown, PA. Investor activity is low, as 2.0% 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 | 1,100 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Downingtown, PA
As of 2024, the percent of homes in Downingtown, PA under the Section 8 program is 6.2%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Downingtown, PA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 245 |
Total Units Section 8 | 245 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 79.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,500 | $1,660 |
| 2 Bedroom | $230 | $1,750 | $1,980 |
| 3 Bedroom | -$510 | $2,900 | $2,390 |
| 4 Bedroom | -$280 | $2,990 | $2,710 |
Affordability — Downingtown, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $563,000 |
| Median Household Income | $137,000 |