Glen Mills, PA—19342
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Glen Mills, PA
As of Oct '25, the median home price in Glen Mills, PA is $669,000, with a year-over-year change of 5.5%. This indicates that home prices in Glen Mills, 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 | $669,000 | 5.5% |
| Single Family | $715,000 | 5.8% |
| Condos | $355,000 | 4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $225,000 | 4.7% |
2 Bed | $383,000 | 2.7% |
3 Bed | $610,000 | 4.8% |
4 Bed | $836,000 | 5.8% |
| 5 Bed | $994,000 | 5.5% |
% of Housing Stock
Rental Trends — Glen Mills, PA
As of July '25, Rentcast reports the average rent in Glen Mills, PA is $2,900, with a year-over-year rent change of 20.3%. Per bedroom, the median rent as of July '25 in Glen Mills, PA is 1-bedrooms: $1,820, 2-bedrooms: $2,540, 3-bedrooms: $3,550. The most common rental property sizes in Glen Mills, PA are 2-bedroom and 1-bedroom, accounting for 53.6% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,650 | $2,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,060 | $1,820 |
| 2 Bed Rent | $2,650 | $2,540 |
| 3 Bed Rent | $3,750 | $3,550 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Glen Mills, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Glen Mills, PA is 43. This is a decrease of -29.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $850,000 | 2.0% |
Listing Count | 66 | 15.0% |
| Listings as % of Homes | 0.2% | 15.0% |
Days on Market | 43 | -29.0% |
Demographics — Glen Mills, PA
As of the latest ACS Survey released in 2023, Glen Mills, PA has a population of 20,700, which has increased by 9.5% over the past 5 years. Glen Mills, PA is a moderately popular place for families, as children make up 21.6% of the population. The area has a highly educated workforce, with 55.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,700 | 9.5% |
% Under 18 | 21.6% | 1.4% |
% Seniors | 25.4% | 2.8% |
% WFH | 27.8% | 327.7% |
% w/ College Degree | 55.4% | -4.6% |
As of the latest ACS Survey released in 2023, Glen Mills, PA is a predominantly white area, with 78.7% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Glen Mills, PA is asian, making up 8.0% of the population. Foreign-born residents account for 8.8% of the population in Glen Mills, PA, and this percentage has decreased by 17.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.7% | -7.3% |
% Black | 6.3% | 18.9% |
% Hispanic | 3.8% | 171.4% |
% Asian | 8.0% | 9.6% |
% Foreign Born | 8.8% | -17.8% |
Mortgage and Risk — Glen Mills, PA
According to HUD data as of 2023, there were 324 mortgage originations in Glen Mills, PA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Glen Mills, PA. Investor activity is low, as 2.0% 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 | 324 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Glen Mills, PA
Glen Mills, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $2,060 | $2,270 |
| 2 Bedroom | $50 | $2,650 | $2,700 |
| 3 Bedroom | -$500 | $3,750 | $3,250 |
| 4 Bedroom | N/A | N/A | $3,700 |
Affordability — Glen Mills, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $669,000 |
| Median Household Income | $137,000 |