Olyphant, PA—18447
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Olyphant, PA
As of Oct '25, the median home price in Olyphant, PA is $240,000, with a year-over-year change of 15.5%. This indicates that home prices in Olyphant, PA are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $240,000 | 15.5% |
| Single Family | $240,000 | 15.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $247,000 | 8.8% |
4 Bed | $282,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Olyphant, PA
As of July '25, Rentcast reports the average rent in Olyphant, PA is $1,230, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in Olyphant, PA is studios: $750, 1-bedrooms: $788, 2-bedrooms: $1,170, 3-bedrooms: $1,280, 4-bedrooms: $2,220. The most common rental property sizes in Olyphant, PA are 3-bedroom and 2-bedroom, accounting for 41.9% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,230 |
| Studio Rent | $900 | $750 |
| 1 Bed Rent | $850 | $788 |
| 2 Bed Rent | $1,100 | $1,170 |
| 3 Bed Rent | $1,300 | $1,280 |
| 4 Bed Rent | $1,700 | $2,220 |
% of Rental Stock
Property Listings — Olyphant, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Olyphant, PA is 78. This is a decrease of -5.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $220,000 | -7.0% |
Listing Count | 23 | 3.0% |
| Listings as % of Homes | 0.4% | 3.0% |
Days on Market | 78 | -5.0% |
Demographics — Olyphant, PA
As of the latest ACS Survey released in 2023, Olyphant, PA has a population of 10,000, which has remained stable by -0.0% over the past 5 years. Olyphant, PA is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,000 | 0.0% |
% Under 18 | 18.3% | -2.1% |
% Seniors | 20.6% | -9.3% |
% WFH | 10.8% | 620.0% |
% w/ College Degree | 28.1% | 12.0% |
As of the latest ACS Survey released in 2023, Olyphant, PA is a predominantly white area, with 91.6% of the population identifying as white. The white population has grown by 2.8% in the last 5 years. The second most common race or ethnicity in Olyphant, PA is hispanic, making up 6.5% of the population. Foreign-born residents account for 1.2% of the population in Olyphant, PA, and this percentage has decreased by 65.7% 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 | 91.6% | 2.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 6.5% | -7.1% |
% Asian | 0.3% | -90.0% |
% Foreign Born | 1.2% | -65.7% |
Mortgage and Risk — Olyphant, PA
According to HUD data as of 2023, there were 185 mortgage originations in Olyphant, PA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Olyphant, PA. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 185 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Olyphant, PA
As of 2024, the percent of homes in Olyphant, PA under the Section 8 program is 18.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Olyphant, PA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 359 |
Total Units Section 8 | 217 |
% Rentals under Section 8 | 18.7% |
% Occupied Section 8 | 88.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $850 | $970 |
| 2 Bedroom | $70 | $1,100 | $1,170 |
| 3 Bedroom | $220 | $1,300 | $1,520 |
| 4 Bedroom | -$40 | $1,700 | $1,660 |
Affordability — Olyphant, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $240,000 |
| Median Household Income | $64,300 |