Tobyhanna, PA 18466 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Tobyhanna, PA—18466

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$250,000

0.2% YoY Growth

Household Income

$77,500

25.2% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

4.2%

Median Rent

$2,050

7.7% YoY Growth

1-Bed Rent

$1,100

5.2% YoY Growth

2-Bed Rent

$1,950

12.6% YoY Growth

3-Bed Rent

$1,900

1.5% YoY Growth

Home Price Trends — Tobyhanna, PA

As of Dec '25, the median home price in Tobyhanna, PA is $250,000, with a year-over-year change of -0.2%. This indicates that home prices in Tobyhanna, PA are flat. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$250,000	-0.2%
Single Family	$250,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Tobyhanna, PA

As of July '25, Rentcast reports the average rent in Tobyhanna, PA is $2,230, with a year-over-year rent change of 7.7%. Per bedroom, the median rent as of July '25 in Tobyhanna, PA is 1-bedrooms: $1,100, 2-bedrooms: $2,420, 3-bedrooms: $1,980, 4-bedrooms: $2,500. The most common rental property sizes in Tobyhanna, PA are 3-bedroom and 2-bedroom, accounting for 43.7% and 20.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,050	$2,230
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,100
2 Bed Rent	$1,950	$2,420
3 Bed Rent	$1,900	$1,980
4 Bed Rent	$2,400	$2,500

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% of Rental Stock

1 Bedroom

4.1%

2 Bedrooms

20.5%

3 Bedrooms

43.7%

4 Bedrooms

17.3%

5+ Bedrooms

14.4%

Property Listings — Tobyhanna, PA

As of Dec '25, Realtor.com reports that the median days on market for a home in Tobyhanna, PA is 68. This is a decrease of -6.0% 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	$300,000	1.0%
Listing Count	226	2.0%
Listings as % of Homes	2.1%	2.0%
Days on Market	74	-15.0%

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Demographics — Tobyhanna, PA

As of the latest ACS Survey released in 2023, Tobyhanna, PA has a population of 18,000, which has increased by 3.0% over the past 5 years. Tobyhanna, PA is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 23.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	18,000	3.0%
% Under 18	23.2%	4.0%
% Seniors	15.5%	24.0%
% WFH	10.7%	723.1%
% w/ College Degree	23.7%	17.3%

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As of the latest ACS Survey released in 2023, Tobyhanna, PA is a predominantly white area, with 38.0% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Tobyhanna, PA is hispanic, making up 27.3% of the population. Foreign-born residents account for 16.1% of the population in Tobyhanna, PA, and this percentage has decreased by 9.0% 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	38.0%	-0.8%
% Black	25.3%	-15.9%
% Hispanic	27.3%	-10.2%
% Asian	4.0%	110.5%
% Foreign Born	16.1%	-9.0%

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Mortgage and Risk — Tobyhanna, PA

According to HUD data as of 2023, there were 311 mortgage originations in Tobyhanna, PA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Tobyhanna, PA. Investor activity is low, as 7.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	311
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	7.0%
% Second Loans	15.0%
% Cash Out Refinance	20.0%

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Rentals and Section 8 — Tobyhanna, PA

As of 2024, the percent of homes in Tobyhanna, PA under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Tobyhanna, PA, because HUD payments exceed market rent, while 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD	127
Total Units Section 8	127
% Rentals under Section 8	8.8%
% Occupied Section 8	90.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$370	$1,100	$1,470
2 Bedroom	-$20	$1,950	$1,930
3 Bedroom	$640	$1,900	$2,540
4 Bedroom	$560	$2,400	$2,960

Tobyhanna, PA—18466

Key Metrics at a Glance

Home Price Trends — Tobyhanna, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tobyhanna, PA

% of Rental Stock

Property Listings — Tobyhanna, PA

Demographics — Tobyhanna, PA

Race and Ethnicity

Mortgage and Risk — Tobyhanna, PA

Mortgages

Rentals and Section 8 — Tobyhanna, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Tobyhanna, PA

Home Price to Income Ratio

Tobyhanna, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Pocono Summit, PA

South Sterling, PA

Pocono Playhouse

Mount Pocono, PA

Pocono Manor

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$250,000
Median Household Income	$77,500

Tobyhanna, PA—18466

Key Metrics at a Glance

Home Price Trends — Tobyhanna, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tobyhanna, PA

% of Rental Stock

Property Listings — Tobyhanna, PA

Demographics — Tobyhanna, PA

Race and Ethnicity

Mortgage and Risk — Tobyhanna, PA

Mortgages

Rentals and Section 8 — Tobyhanna, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Tobyhanna, PA

Home Price to Income Ratio

Tobyhanna, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Pocono Summit, PA

South Sterling, PA

Pocono Playhouse

Mount Pocono, PA

Pocono Manor

Frequently Asked Questions

What is the average home price in Tobyhanna, PA 18466?

How have home prices in Tobyhanna, PA 18466 changed over the past year?

What is the home price projection for Tobyhanna, PA 18466?

What are the demographics of Tobyhanna, PA 18466?

How long does it take homes to sell in Tobyhanna, PA 18466?

What is the average rent price in Tobyhanna, PA 18466?