Ephrata, PA—17522
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ephrata, PA
As of Oct '25, the median home price in Ephrata, PA is $358,000, with a year-over-year change of 4.8%. This indicates that home prices in Ephrata, PA are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $358,000 | 4.8% |
| Single Family | $359,000 | 4.7% |
| Condos | $304,000 | 3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $298,000 | 4.6% |
3 Bed | $337,000 | 4.7% |
4 Bed | $439,000 | 5.3% |
| 5 Bed | $603,000 | 5.1% |
% of Housing Stock
Rental Trends — Ephrata, PA
As of July '25, Rentcast reports the average rent in Ephrata, PA is $1,510, with a year-over-year rent change of 0.7%. Per bedroom, the median rent as of July '25 in Ephrata, PA is 1-bedrooms: $1,200, 2-bedrooms: $1,480, 3-bedrooms: $1,810, 4-bedrooms: $2,150. The most common rental property sizes in Ephrata, PA are 2-bedroom and 3-bedroom, accounting for 46.8% and 29.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $964 | $1,200 |
| 2 Bed Rent | $1,550 | $1,480 |
| 3 Bed Rent | $1,800 | $1,810 |
| 4 Bed Rent | $2,150 | $2,150 |
% of Rental Stock
Property Listings — Ephrata, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ephrata, PA is 17. This is a decrease of -17.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $372,000 | 1.0% |
Listing Count | 45 | -9.0% |
| Listings as % of Homes | 0.3% | -9.0% |
Days on Market | 17 | -17.0% |
Demographics — Ephrata, PA
As of the latest ACS Survey released in 2023, Ephrata, PA has a population of 33,600, which has decreased by -1.1% over the past 5 years. Ephrata, PA is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 23.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,600 | -1.1% |
% Under 18 | 22.7% | -7.0% |
% Seniors | 21.3% | 26.8% |
% WFH | 6.0% | 25.0% |
% w/ College Degree | 23.5% | 7.8% |
As of the latest ACS Survey released in 2023, Ephrata, PA is a predominantly white area, with 87.5% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Ephrata, PA is hispanic, making up 7.2% of the population. Foreign-born residents account for 4.2% of the population in Ephrata, PA, and this percentage has decreased by 10.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.5% | -3.1% |
% Black | 2.0% | 25.0% |
% Hispanic | 7.2% | 24.1% |
% Asian | 0.5% | -61.5% |
% Foreign Born | 4.2% | -10.6% |
Mortgage and Risk — Ephrata, PA
According to HUD data as of 2023, there were 593 mortgage originations in Ephrata, PA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Ephrata, PA. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 593 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Ephrata, PA
As of 2024, the percent of homes in Ephrata, PA under the Section 8 program is 0.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Ephrata, PA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 125 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$4 | $964 | $960 |
| 2 Bedroom | -$350 | $1,550 | $1,200 |
| 3 Bedroom | -$240 | $1,800 | $1,560 |
| 4 Bedroom | -$550 | $2,150 | $1,600 |
Affordability — Ephrata, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $358,000 |
| Median Household Income | $71,900 |