Sharon Hill, PA19079

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$197,000
1.1% YoY Growth
Median Household Income
$57,000
13.0% 5-Year Growth
Days on Market
36
40.0% Shorter than last year
Home Price Forecast
2.5%
Median Rent
$1,200
10.7% YoY Growth
1-Bed Rent
$1,100
0.9% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,950
22.2% YoY Growth

Property Listings — Sharon Hill, PA

As of Aug '25 and according to Realtor.com, the median days on market for a home in Sharon Hill, PA is 36. This is an decrease of -40.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$247,000-17.0%
Listing Count
24N/A
Listings as % of Homes0.6%N/A
Days on Market
36-40.0%
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Demographics — Sharon Hill, PA

MetricLatest CensusYoY % Change
Population
9,010-2.9%
% Under 18
28.8%22.6%
% Under 5N/AN/A
% Seniors
12.4%6.0%
% WFH
11.7%550.0%
% w/ College Degree
23.8%39.2%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
12.2%-22.8%
% Black
80.5%4.4%
% Hispanic
3.7%-32.7%
% Asian
1.2%100.0%
% Foreign Born
9.6%-22.0%
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Mortgage and Risk — Sharon Hill, PA

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Sharon Hill, PA in that year was 155. 54.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 72.0%. Of those, 44.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Sharon Hill, PA. Investor activity in Sharon Hill, PA is low, as 5.0% of all loans are originated by investors. In 2023, 18.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
155N/AN/A
% Conventional Loans
54.0%N/AN/A
% Government Loans
46.0%N/AN/A
% Investor Loans
5.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
18.0%N/AN/A
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Rentals and Section 8 — Sharon Hill, PA

As of 2024, the percent of homes in Sharon Hill, PA under the Section 8 program is 26.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
512
Total Units Section 8
344
% Rentals under Section 8
26.7%
% Occupied Section 8
84.8%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$290$1,100$1,390
2 BedroomN/AN/A$1,660
3 Bedroom$50$1,950$2,000
4 BedroomN/AN/A$2,270

Affordability — Sharon Hill, PA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.1N/AN/A
Median Home Price$197,000N/AN/A
Median Household Income$57,000N/AN/A

Sharon Hill, PA — ZIP Code Boundary Map

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