Ashland, PA—17921
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ashland, PA
As of Oct '25, the median home price in Ashland, PA is $120,000, with a year-over-year change of 5.5%. This indicates that home prices in Ashland, PA are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $120,000 | 5.6% |
| Single Family | $120,000 | 5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $100,000 | 1.0% |
3 Bed | $122,000 | 4.3% |
4 Bed | $161,000 | 5.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ashland, PA
As of July '25, Rentcast reports the average rent in Ashland, PA is $1,100, with a year-over-year rent change of 24.3%. Per bedroom, the median rent as of July '25 in Ashland, PA is 2-bedrooms: $702, 3-bedrooms: $1,080, 4-bedrooms: $1,520. The most common rental property sizes in Ashland, PA are 1-bedroom and 2-bedroom, accounting for 27.1% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $700 | $702 |
| 3 Bed Rent | $950 | $1,080 |
| 4 Bed Rent | $1,500 | $1,520 |
% of Rental Stock
Property Listings — Ashland, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ashland, PA is 62. This is a decrease of -4.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $87,200 | -41.0% |
Listing Count | 27 | -13.0% |
| Listings as % of Homes | 0.3% | -13.0% |
Days on Market | 62 | -4.0% |
Demographics — Ashland, PA
As of the latest ACS Survey released in 2023, Ashland, PA has a population of 7,030, which has decreased by -7.0% over the past 5 years. Ashland, PA is a less popular place for families, as children make up 14.3% of the population. The area has a poorly educated workforce, with 11.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,030 | -7.0% |
% Under 18 | 14.3% | -5.3% |
% Seniors | 16.5% | -8.8% |
% WFH | 3.2% | 6.7% |
% w/ College Degree | 11.9% | -3.3% |
As of the latest ACS Survey released in 2023, Ashland, PA is a predominantly white area, with 83.1% of the population identifying as white. The white population has grown by 3.2% in the last 5 years. The second most common race or ethnicity in Ashland, PA is black, making up 10.5% of the population. Foreign-born residents account for 1.3% of the population in Ashland, PA, and this percentage has decreased by 27.8% 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 | 83.1% | 3.2% |
% Black | 10.5% | -14.6% |
% Hispanic | 3.7% | -35.1% |
% Asian | 0.4% | 300.0% |
% Foreign Born | 1.3% | -27.8% |
Mortgage and Risk — Ashland, PA
According to HUD data as of 2023, there were 73 mortgage originations in Ashland, PA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Ashland, PA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 73 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Ashland, PA
Ashland, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 105 |
Total Units Section 8 | 55 |
% Rentals under Section 8 | 8.6% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | $260 | $700 | $960 |
| 3 Bedroom | $240 | $950 | $1,190 |
| 4 Bedroom | -$180 | $1,500 | $1,320 |
Affordability — Ashland, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $120,000 |
| Median Household Income | $71,600 |