New Salem, PA—15468
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Salem, PA
As of Oct '25, the median home price in New Salem, PA is $89,000, with a year-over-year change of -3.8%. This indicates that home prices in New Salem, PA are decreasing. According to Zillow, the 1-year price projection is -3.0%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $89,000 | -3.8% |
| Single Family | $90,000 | -4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $64,000 | -4.5% |
3 Bed | $140,000 | 0.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Salem, PA
New Salem, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Salem, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in New Salem, PA is 134. This is a decrease of -21.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | 19.0% |
Listing Count | 5 | -39.0% |
| Listings as % of Homes | 0.6% | -39.0% |
Days on Market | 134 | -21.0% |
Demographics — New Salem, PA
As of the latest ACS Survey released in 2023, New Salem, PA has a population of 2,230, which has decreased by -2.5% over the past 5 years. New Salem, PA is a moderately popular place for families, as children make up 16.1% of the population. The area has a poorly educated workforce, with 11.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,230 | -2.5% |
% Under 18 | 16.1% | -22.2% |
% Seniors | 17.7% | 0.0% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 11.2% | -21.1% |
As of the latest ACS Survey released in 2023, New Salem, PA is a predominantly white area, with 87.8% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in New Salem, PA is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.9% of the population in New Salem, PA, and this percentage has increased by 125.0% 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 | 87.8% | -7.7% |
% Black | 0.9% | -65.4% |
% Hispanic | 1.8% | 125.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.9% | 125.0% |
Mortgage and Risk — New Salem, PA
New Salem, PA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — New Salem, PA
New Salem, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 22 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | 7.0% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,120 |
| 2 Bedroom | N/A | N/A | $1,340 |
| 3 Bedroom | N/A | N/A | $1,710 |
| 4 Bedroom | N/A | N/A | $1,840 |
Affordability — New Salem, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.3 |
| Median Home Price | $89,000 |
| Median Household Income | $65,600 |