North Wales, PA—19454
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Wales, PA
As of Oct '25, the median home price in North Wales, PA is $519,000, with a year-over-year change of 1.0%. This indicates that home prices in North Wales, PA are flat. 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 | $519,000 | 1.0% |
| Single Family | $546,000 | 0.9% |
| Condos | $275,000 | 1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $209,000 | 1.5% |
2 Bed | $308,000 | 0.7% |
3 Bed | $462,000 | 0.9% |
4 Bed | $755,000 | 2.6% |
| 5 Bed | $816,000 | 3.0% |
% of Housing Stock
Rental Trends — North Wales, PA
As of July '25, Rentcast reports the average rent in North Wales, PA is $2,290, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in North Wales, PA is studios: $1,720, 1-bedrooms: $1,760, 2-bedrooms: $2,020, 3-bedrooms: $2,950, 4-bedrooms: $3,490. The most common rental property sizes in North Wales, PA are 1-bedroom and 2-bedroom, accounting for 40.5% and 40.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,160 | $2,290 |
| Studio Rent | $1,720 | $1,720 |
| 1 Bed Rent | $1,750 | $1,760 |
| 2 Bed Rent | $1,950 | $2,020 |
| 3 Bed Rent | $3,000 | $2,950 |
| 4 Bed Rent | $3,250 | $3,490 |
% of Rental Stock
Property Listings — North Wales, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in North Wales, PA is 33. This is a decrease of -10.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $570,000 | 9.0% |
Listing Count | 66 | 25.0% |
| Listings as % of Homes | 0.4% | 25.0% |
Days on Market | 33 | -10.0% |
Demographics — North Wales, PA
As of the latest ACS Survey released in 2023, North Wales, PA has a population of 28,100, which has decreased by -3.7% over the past 5 years. North Wales, PA is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 53.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,100 | -3.7% |
% Under 18 | 19.7% | -6.6% |
% Seniors | 21.6% | 22.7% |
% WFH | 18.6% | 135.4% |
% w/ College Degree | 53.2% | -2.7% |
As of the latest ACS Survey released in 2023, North Wales, PA is a predominantly white area, with 68.6% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in North Wales, PA is asian, making up 18.2% of the population. Foreign-born residents account for 16.5% of the population in North Wales, PA, and this percentage has increased by 7.1% 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 | 68.6% | -5.6% |
% Black | 6.2% | 14.8% |
% Hispanic | 4.4% | 100.0% |
% Asian | 18.2% | 6.4% |
% Foreign Born | 16.5% | 7.1% |
Mortgage and Risk — North Wales, PA
According to HUD data as of 2023, there were 629 mortgage originations in North Wales, PA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in North Wales, 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 | 629 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — North Wales, PA
As of 2024, the percent of homes in North Wales, PA under the Section 8 program is 1.2%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in North Wales, PA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | 67.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $1,750 | $1,750 |
| 2 Bedroom | $140 | $1,950 | $2,090 |
| 3 Bedroom | -$480 | $3,000 | $2,520 |
| 4 Bedroom | -$390 | $3,250 | $2,860 |
Affordability — North Wales, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $519,000 |
| Median Household Income | $114,000 |