Shade Gap, PA—17255

As of Aug '25, the median home price in Shade Gap, PA is $199,000, with a year-over-year change of -1.3%. This indicates that home prices in Shade Gap, PA are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

As of Aug '25 and according to Realtor.com, the median days on market for a home in Shade Gap, PA is 36. This is an increase of 40.0% 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 133.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

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 Shade Gap, PA in that year was 34. 97.0% 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 41.0%. Of those, 6.0% were >90% loan to value. This is considered normal, suggesting that mortgage risk is small in Shade Gap, PA. Investor activity in Shade Gap, PA is low, as 3.0% of all loans are originated by investors. In 2023, 12.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.