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Cornwall, PA

Full City Profile · Pennsylvania · Lebanon County County

4.1 /5.0
A Great
4,602 Population 474/sq mi density
$102,861 Median Income $51,877 per capita
$307,400 Home Value $392,443 Zillow
$2,974 Median Rent 35.6% income on rent
52°F Avg Temperature 275 sunny days/yr
24 Violent Crime/100K 24 property/100K
A
Overall
4.1 / 5.0
Strong
A+
Economy
5.0 / 5.0
$102,861 median income, 0.2% unemployment
A+
Affordability
5.0 / 5.0
$307,400 home value, $2,974/mo rent
D
Safety
1.8 / 5.0
24 violent crimes/100K
A+
Education
4.7 / 5.0
45.8% bachelor's degree or higher

Housing Overview

Median Home Value
$307,400
9% above
US avg: $281,900
Median Rent
$2,974/mo
156% above
US avg: $1,163/mo
Homeownership Rate
75.0%
15% above US avg (65.4%)
Total Housing Units
2,143
Median year built: 1986

Home Value by Source

Census Median
$307,400
Zillow (ZHVI)
$392,443
Median Sale Price
$511,365
Median List Price
$443,095
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.0%
Owner-Occupied
25.0%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent: $2,974/mo

Market Indicators (Redfin)

Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$202
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
35.6%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
75.0%

Complete Housing Data

Home Values

Census Median Value$307,400
Zillow Home Value (ZHVI)$392,443
Median Sale Price$511,365
Median List Price$443,095
Price Per Sq Ft$202

Rent

Census Median Rent$2,974
FMR Studio$900
FMR 1-Bedroom$996
FMR 2-Bedroom$1,225
FMR 3-Bedroom$1,570
FMR 4-Bedroom$1,744

Market

Days on Market49
Sale-to-List Ratio1.0%
Price Drops18.2%
Homes Sold3
Active Inventory11
Price Per Sq Ft$202

Ownership & Stock

Owner-Occupied75.0%
Renter-Occupied25.0%
Homeownership Rate75.0%
Total Housing Units2,143
Median Year Built1986
Rent Burden35.6%