Mahanoy City, PA—17948
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mahanoy City, PA
As of Nov '25, the median home price in Mahanoy City, PA is $44,000, with a year-over-year change of -9.1%. This indicates that home prices in Mahanoy City, PA are decreasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $44,000 | -9.1% |
| Single Family | $44,000 | -12.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $39,000 | -17.0% |
3 Bed | $42,000 | -10.6% |
4 Bed | $54,000 | -11.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mahanoy City, PA
As of July '25, Rentcast reports the average rent in Mahanoy City, PA is $1,210, with a year-over-year rent change of 5.2%. Per bedroom, the median rent as of July '25 in Mahanoy City, PA is studios: $1,100, 1-bedrooms: $950, 2-bedrooms: $1,350, 3-bedrooms: $1,100, 4-bedrooms: $1,200. The most common rental property sizes in Mahanoy City, PA are 3-bedroom and 2-bedroom, accounting for 33.8% and 23.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,210 |
| Studio Rent | $1,100 | $1,100 |
| 1 Bed Rent | $950 | $950 |
| 2 Bed Rent | $1,350 | $1,350 |
| 3 Bed Rent | $1,100 | $1,100 |
| 4 Bed Rent | $1,200 | $1,200 |
% of Rental Stock
Property Listings — Mahanoy City, PA
As of Nov '25, Realtor.com reports that the median days on market for a home in Mahanoy City, PA is 124. This is a increase of 105.0% from last year, suggesting that homes are sitting on the market longer 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 | $68,900 | -5.0% |
Listing Count | 28 | 68.0% |
| Listings as % of Homes | 0.6% | 68.0% |
Days on Market | 124 | 105.0% |
Demographics — Mahanoy City, PA
As of the latest ACS Survey released in 2023, Mahanoy City, PA has a population of 4,120, which has decreased by -13.7% over the past 5 years. Mahanoy City, PA is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 9.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,120 | -13.7% |
% Under 18 | 27.0% | 4.2% |
% Seniors | 16.3% | 0.6% |
% WFH | 4.1% | 70.8% |
% w/ College Degree | 9.1% | 15.2% |
As of the latest ACS Survey released in 2023, Mahanoy City, PA is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Mahanoy City, PA is hispanic, making up 15.2% of the population. Foreign-born residents account for 6.2% of the population in Mahanoy City, PA, and this percentage has increased by 72.2% 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 | 81.5% | -1.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 15.2% | 50.5% |
% Asian | 0.3% | -70.0% |
% Foreign Born | 6.2% | 72.2% |
Mortgage and Risk — Mahanoy City, PA
According to HUD data as of 2023, there were 21 mortgage originations in Mahanoy City, PA, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Mahanoy City, PA. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 21 |
% Conventional Loans | 57.0% |
% Government Loans | 43.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Rentals and Section 8 — Mahanoy City, PA
Mahanoy City, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 155 |
Total Units Section 8 | 155 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $950 | $850 |
| 2 Bedroom | -$240 | $1,350 | $1,110 |
| 3 Bedroom | $350 | $1,100 | $1,450 |
| 4 Bedroom | $320 | $1,200 | $1,520 |
Affordability — Mahanoy City, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 0.8 |
| Median Home Price | $44,000 |
| Median Household Income | $45,700 |