Roaring Spring, PA—16673
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Roaring Spring, PA
As of Oct '25, the median home price in Roaring Spring, PA is $192,000, with a year-over-year change of 8.2%. This indicates that home prices in Roaring Spring, PA are increasing. According to Zillow, the 1-year price projection is -1.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $192,000 | 8.2% |
| Single Family | $192,000 | 9.1% |
| Condos | N/A | N/A |
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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Roaring Spring, PA
As of July '25, Rentcast reports the average rent in Roaring Spring, PA is $650, with a year-over-year rent change of -45.8%. Per bedroom, the median rent as of July '25 in Roaring Spring, PA is 1-bedrooms: $650. The most common rental property sizes in Roaring Spring, PA are 2-bedroom and 3-bedroom, accounting for 45.7% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $650 | $650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $650 | $650 |
| 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 — Roaring Spring, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Roaring Spring, PA is 67. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $228,000 | 37.0% |
Listing Count | 8 | -4.0% |
| Listings as % of Homes | 0.2% | -4.0% |
Days on Market | 67 | 1.0% |
Demographics — Roaring Spring, PA
As of the latest ACS Survey released in 2023, Roaring Spring, PA has a population of 5,070, which has decreased by -9.3% over the past 5 years. Roaring Spring, PA is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,070 | -9.3% |
% Under 18 | 20.1% | -15.9% |
% Seniors | 19.3% | 4.3% |
% WFH | 6.1% | 38.6% |
% w/ College Degree | 19.5% | 13.4% |
As of the latest ACS Survey released in 2023, Roaring Spring, PA is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Roaring Spring, PA is hispanic, making up 1.0% of the population. Foreign-born residents account for 0.6% of the population in Roaring Spring, PA, and this percentage has increased by 20.0% 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 | 94.9% | -1.0% |
% Black | 0.4% | -42.9% |
% Hispanic | 1.0% | -33.3% |
% Asian | 0.1% | -80.0% |
% Foreign Born | 0.6% | 20.0% |
Mortgage and Risk — Roaring Spring, PA
According to HUD data as of 2023, there were 112 mortgage originations in Roaring Spring, PA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Roaring Spring, PA. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 112 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Roaring Spring, PA
Roaring Spring, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $330 | $650 | $980 |
| 2 Bedroom | N/A | N/A | $1,200 |
| 3 Bedroom | N/A | N/A | $1,510 |
| 4 Bedroom | N/A | N/A | $1,750 |
Affordability — Roaring Spring, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $192,000 |
| Median Household Income | $69,100 |