Herminie, PA15637

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$168,000
2.6% YoY Growth
Median Household Income
$69,700
3.1% 5-Year Growth
Days on Market
67
37.0% Longer than last year
Home Price Forecast
-0.2%
Median Rent
$850
18.9% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$850
N/A
3-Bed Rent
$975
11.4% YoY Growth

Property Listings — Herminie, PA

As of Aug '25 and according to Realtor.com, the median days on market for a home in Herminie, PA is 67. This is an increase of 37.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$130,000-43.0%
Listing Count
12N/A
Listings as % of Homes0.2%N/A
Days on Market
6737.0%
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Demographics — Herminie, PA

MetricLatest CensusYoY % Change
Population
1,89023.5%
% Under 18
20.3%15.3%
% Under 5N/AN/A
% Seniors
23.2%0.0%
% WFH
7.5%∞%
% w/ College Degree
24.2%11.5%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.0%-8.0%
% Black
1.3%∞%
% Hispanic
1.9%∞%
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Herminie, PA

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Herminie, PA in that year was 56. 84.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 59.0%. Of those, 29.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Herminie, PA. Investor activity in Herminie, PA is low, as 0.0% of all loans are originated by investors. In 2023, 7.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
56N/AN/A
% Conventional Loans
84.0%N/AN/A
% Government Loans
16.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
7.0%N/AN/A
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Rentals and Section 8 — Herminie, PA

As of 2024, the percent of homes in Herminie, PA under the Section 8 program is 7.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
11
Total Units Section 8
11
% Rentals under Section 8
7.4%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,070
2 Bedroom$430$850$1,280
3 Bedroom$655$975$1,630
4 BedroomN/AN/A$1,760

Affordability — Herminie, PA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.3N/AN/A
Median Home Price$168,000N/AN/A
Median Household Income$69,700N/AN/A

Herminie, PA — ZIP Code Boundary Map

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