Skippack19474

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$388,000
2.6% YoY Growth
Median Household Income
N/A
N/A
Days on Market
17
16.0% Shorter than last year
Home Price Forecast
1.3%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Skippack

As of Aug '25 and according to Realtor.com, the median days on market for a home in Skippack is 17. This is an decrease of -16.0% 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 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$377,0006.0%
Listing Count
4N/A
Listings as % of Homes2.8%N/A
Days on Market
17-16.0%
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Demographics — Skippack

MetricLatest CensusYoY % Change
Population
286-50.9%
% Under 18
14.0%133.3%
% Under 5N/AN/A
% Seniors
39.2%21.0%
% WFH
13.3%95.6%
% w/ College Degree
44.3%-22.4%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
85.0%-15.0%
% Black
7.3%∞%
% Hispanic
0.0%N/A
% Asian
2.8%∞%
% Foreign Born
2.8%∞%
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Mortgage and Risk — Skippack

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 Skippack in that year was NA. NA 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 NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Skippack. Investor activity in Skippack is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Skippack

As of 2024, the percent of homes in Skippack under the Section 8 program is Inf%. 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
1
Total Units Section 8
1
% Rentals under Section 8
∞%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,730
2 BedroomN/AN/A$2,060
3 BedroomN/AN/A$2,480
4 BedroomN/AN/A$2,820

Affordability — Skippack

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.9N/AN/A
Median Home Price$388,000N/AN/A
Median Household IncomeN/AN/AN/A

Skippack — ZIP Code Boundary Map

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