Nazareth, PA—18064
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nazareth, PA
As of Nov '25, the median home price in Nazareth, PA is $436,000, with a year-over-year change of 2.2%. This indicates that home prices in Nazareth, PA are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $436,000 | 2.2% |
| Single Family | $436,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $290,000 | 3.2% |
3 Bed | $369,000 | 1.9% |
4 Bed | $570,000 | 3.1% |
| 5 Bed | $681,662 | 2.8% |
% of Housing Stock
Rental Trends — Nazareth, PA
As of July '25, Rentcast reports the average rent in Nazareth, PA is $2,040, with a year-over-year rent change of 6.2%. Per bedroom, the median rent as of July '25 in Nazareth, PA is 1-bedrooms: $1,100, 2-bedrooms: $1,770, 3-bedrooms: $2,620. The most common rental property sizes in Nazareth, PA are 1-bedroom and 2-bedroom, accounting for 39.0% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | $1,800 | $1,770 |
| 3 Bed Rent | $2,450 | $2,620 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Nazareth, PA
As of Nov '25, Realtor.com reports that the median days on market for a home in Nazareth, PA is 31. This is a increase of 10.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $817,000 | 60.0% |
Listing Count | 53 | 110.0% |
| Listings as % of Homes | 0.2% | 110.0% |
Days on Market | 31 | 10.0% |
Demographics — Nazareth, PA
As of the latest ACS Survey released in 2023, Nazareth, PA has a population of 27,100, which has increased by 4.5% over the past 5 years. Nazareth, PA is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 37.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,100 | 4.5% |
% Under 18 | 22.3% | 0.5% |
% Seniors | 22.0% | 15.2% |
% WFH | 12.5% | 171.7% |
% w/ College Degree | 37.8% | 10.9% |
As of the latest ACS Survey released in 2023, Nazareth, PA is a predominantly white area, with 87.6% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Nazareth, PA is hispanic, making up 4.9% of the population. Foreign-born residents account for 5.6% of the population in Nazareth, PA, and this percentage has increased by 55.6% 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 | 87.6% | -7.2% |
% Black | 2.0% | 400.0% |
% Hispanic | 4.9% | 32.4% |
% Asian | 3.1% | 244.4% |
% Foreign Born | 5.6% | 55.6% |
Mortgage and Risk — Nazareth, PA
According to HUD data as of 2023, there were 486 mortgage originations in Nazareth, PA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Nazareth, PA. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 486 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Rentals and Section 8 — Nazareth, PA
Nazareth, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 179 |
Total Units Section 8 | 104 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 61.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $1,100 | $1,140 |
| 2 Bedroom | -$380 | $1,800 | $1,420 |
| 3 Bedroom | -$640 | $2,450 | $1,810 |
| 4 Bedroom | N/A | N/A | $1,890 |
Affordability — Nazareth, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $436,000 |
| Median Household Income | $103,000 |