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Sandy Lake, PA—16145

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$190,000
1.9% YoY Growth
Household Income
$64,500
27.8% YoY Growth
Days on Market
118
3.0% Longer YoY
Home Price Forecast
0.6%
Median Rent
$650
16.9% YoY Growth
1-Bed Rent
$600
N/A
2-Bed Rent
$650
22.2% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Sandy Lake, PA

As of May '26, the median home price in Sandy Lake, PA is $190,000, with a year-over-year change of -1.9%. This indicates that home prices in Sandy Lake, PA are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$190,000-1.9%
Single Family $190,000-1.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    6.2%
    2 Bedrooms
    20.1%
    3 Bedrooms
    56.4%
    4 Bedrooms
    12.5%
    5+ Bedrooms
    3.8%

    Rental Trends — Sandy Lake, PA

    As of July '25, Rentcast reports the average rent in Sandy Lake, PA is $695, with a year-over-year rent change of -16.9%. Per bedroom, the median rent as of July '25 in Sandy Lake, PA is 1-bedrooms: $718, 2-bedrooms: $650. The most common rental property sizes in Sandy Lake, PA are 2-bedroom and 3-bedroom, accounting for 46.3% and 35.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$650$695
    Studio Rent N/AN/A
    1 Bed Rent $600$718
    2 Bed Rent $650$650
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    2.8%
    1 Bedroom
    13.0%
    2 Bedrooms
    46.3%
    3 Bedrooms
    35.6%
    4 Bedrooms
    2.3%

    Property Listings — Sandy Lake, PA

    As of May '26, Realtor.com reports that the median days on market for a home in Sandy Lake, PA is 118. This is a increase of 3.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$422,000-20.0%
    Listing Count
    		1-67.0%
    Listings as % of Homes0.4%-67.0%
    Days on Market
    		1183.0%
    Loading chart...

    Demographics — Sandy Lake, PA

    As of the latest ACS Survey released in 2023, Sandy Lake, PA has a population of 2,670, which has decreased by -1.7% over the past 5 years. Sandy Lake, PA is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,670-1.7%
    % Under 18
    		19.9%0.5%
    % Seniors
    		25.3%15.5%
    % WFH
    		8.6%65.4%
    % w/ College Degree
    		27.1%62.3%
    Loading chart...

    As of the latest ACS Survey released in 2023, Sandy Lake, PA is a predominantly white area, with 92.8% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Sandy Lake, PA is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.5% of the population in Sandy Lake, PA, and this percentage has decreased by 54.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		92.8%-3.2%
    % Black
    		0.3%-40.0%
    % Hispanic
    		1.3%0.0%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		0.5%-54.5%
    Loading chart...

    Mortgage and Risk — Sandy Lake, PA

    According to HUD data as of 2023, there were 22 mortgage originations in Sandy Lake, PA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Sandy Lake, PA. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		22
    % Conventional Loans
    		95.0%
    % Government Loans
    		5.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		5.0%
    Loading chart...
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    Rentals and Section 8 — Sandy Lake, PA

    Sandy Lake, PA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		1
    Total Units Section 8
    		1
    % Rentals under Section 8
    		0.5%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$120$600$720
    2 Bedroom$260$650$910
    3 BedroomN/AN/A$1,260
    4 BedroomN/AN/A$1,370

    Affordability — Sandy Lake, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.1
    Median Home Price$190,000
    Median Household Income$64,500

    Sandy Lake, PA — ZIP Code Boundary Map

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    Frequently Asked Questions