Milesburg—16853
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Milesburg
As of Nov '25, the median home price in Milesburg is $209,000, with a year-over-year change of 2.5%. This indicates that home prices in Milesburg are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $209,000 | 2.5% |
| Single Family | $209,000 | 2.5% |
| 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 | $210,000 | 2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Milesburg
Milesburg 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 — Milesburg
As of Nov '25, Realtor.com reports that the median days on market for a home in Milesburg is 9. This is a decrease of -88.0% 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 | $270,000 | 40.0% |
Listing Count | 1 | -74.0% |
| Listings as % of Homes | 1.2% | -74.0% |
Days on Market | 9 | -88.0% |
Demographics — Milesburg
As of the latest ACS Survey released in 2023, Milesburg has a population of 316, which has increased by 75.6% over the past 5 years. Milesburg is a less popular place for families, as children make up 3.5% 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 few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 316 | 75.6% |
% Under 18 | 3.5% | -85.7% |
% Seniors | 24.1% | 170.8% |
% WFH | 6.1% | ∞% |
% w/ College Degree | 32.8% | 34.4% |
As of the latest ACS Survey released in 2023, Milesburg is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Milesburg is hispanic, making up 4.1% of the population. Foreign-born residents account for 6.0% of the population in Milesburg, and this percentage has increased by Inf% 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 | 94.0% | -6.0% |
% Black | 0.0% | N/A |
% Hispanic | 4.1% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 6.0% | ∞% |
Mortgage and Risk — Milesburg
Milesburg 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 |
Rentals and Section 8 — Milesburg
Milesburg lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 16.4% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,020 |
| 2 Bedroom | N/A | N/A | $1,190 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Milesburg
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $209,000 |
| Median Household Income | $41,300 |