Pen Argyl, PA—18072
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pen Argyl, PA
As of Oct '25, the median home price in Pen Argyl, PA is $299,000, with a year-over-year change of 4.6%. This indicates that home prices in Pen Argyl, 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 | $299,000 | 4.6% |
| Single Family | $300,000 | 4.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $229,000 | 5.0% |
3 Bed | $280,000 | 4.9% |
4 Bed | $440,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pen Argyl, PA
As of July '25, Rentcast reports the average rent in Pen Argyl, PA is $1,550, with a year-over-year rent change of 1.3%. Per bedroom, the median rent as of July '25 in Pen Argyl, PA is 1-bedrooms: $1,230, 2-bedrooms: $1,560, 3-bedrooms: $1,750. The most common rental property sizes in Pen Argyl, PA are 2-bedroom and 3-bedroom, accounting for 39.7% and 34.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,220 | $1,230 |
| 2 Bed Rent | $1,200 | $1,560 |
| 3 Bed Rent | $1,700 | $1,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pen Argyl, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pen Argyl, PA is 61. This is a decrease of -20.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $312,000 | 72.0% |
Listing Count | 14 | 10.0% |
| Listings as % of Homes | 0.2% | 10.0% |
Days on Market | 61 | -20.0% |
Demographics — Pen Argyl, PA
As of the latest ACS Survey released in 2023, Pen Argyl, PA has a population of 7,050, which has increased by 8.5% over the past 5 years. Pen Argyl, PA is a moderately popular place for families, as children make up 17.2% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,050 | 8.5% |
% Under 18 | 17.2% | -27.1% |
% Seniors | 22.5% | 57.3% |
% WFH | 5.1% | 64.5% |
% w/ College Degree | 23.1% | -4.1% |
As of the latest ACS Survey released in 2023, Pen Argyl, PA is a predominantly white area, with 91.5% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Pen Argyl, PA is hispanic, making up 3.7% of the population. Foreign-born residents account for 2.8% of the population in Pen Argyl, PA, and this percentage has increased by 33.3% 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 | 91.5% | -2.3% |
% Black | 1.5% | 0.0% |
% Hispanic | 3.7% | -17.8% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 2.8% | 33.3% |
Mortgage and Risk — Pen Argyl, PA
According to HUD data as of 2023, there were 176 mortgage originations in Pen Argyl, PA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Pen Argyl, PA. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 176 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Pen Argyl, PA
Pen Argyl, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 47 |
Total Units Section 8 | 47 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 59.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $1,220 | $1,340 |
| 2 Bedroom | $460 | $1,200 | $1,660 |
| 3 Bedroom | $420 | $1,700 | $2,120 |
| 4 Bedroom | N/A | N/A | $2,210 |
Affordability — Pen Argyl, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $299,000 |
| Median Household Income | $79,100 |