Harmony, PA—16037
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Harmony, PA
As of Oct '25, the median home price in Harmony, PA is $386,000, with a year-over-year change of 0.7%. This indicates that home prices in Harmony, PA are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $386,000 | 0.7% |
| Single Family | $386,000 | -2.0% |
| Condos | $392,000 | 2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $345,000 | -1.1% |
4 Bed | $483,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Harmony, PA
As of July '25, Rentcast reports the average rent in Harmony, PA is $2,850, with a year-over-year rent change of 54.1%. Per bedroom, the median rent as of July '25 in Harmony, PA is 3-bedrooms: $2,850. The most common rental property sizes in Harmony, PA are 3-bedroom and 2-bedroom, accounting for 48.7% and 27.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,800 | $2,850 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Harmony, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Harmony, PA is 39. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $374,000 | 7.0% |
Listing Count | 44 | 86.0% |
| Listings as % of Homes | 0.3% | 86.0% |
Days on Market | 39 | 19.0% |
Demographics — Harmony, PA
As of the latest ACS Survey released in 2023, Harmony, PA has a population of 4,840, which has increased by 2.0% over the past 5 years. Harmony, PA is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 32.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,840 | 2.0% |
% Under 18 | 17.4% | -24.0% |
% Seniors | 26.9% | 51.1% |
% WFH | 14.5% | 145.8% |
% w/ College Degree | 32.8% | -0.6% |
As of the latest ACS Survey released in 2023, Harmony, PA is a predominantly white area, with 96.3% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Harmony, PA is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.1% of the population in Harmony, PA, and this percentage has increased by 22.2% 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 | 96.3% | -0.3% |
% Black | 0.1% | ∞% |
% Hispanic | 2.3% | 43.8% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 1.1% | 22.2% |
Mortgage and Risk — Harmony, PA
According to HUD data as of 2023, there were 348 mortgage originations in Harmony, PA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Harmony, PA. Investor activity is low, as 0.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 348 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Harmony, PA
Harmony, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,230 |
| 2 Bedroom | N/A | N/A | $1,480 |
| 3 Bedroom | -$900 | $2,800 | $1,900 |
| 4 Bedroom | N/A | N/A | $2,050 |
Affordability — Harmony, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $386,000 |
| Median Household Income | $90,100 |