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Old Forge, PA

Full City Profile · Pennsylvania · Lackawanna County County

3.4 /5.0
B Good
8,533 Population 2,488/sq mi density
$73,258 Median Income $39,583 per capita
$169,700 Home Value $225,607 Zillow
$862 Median Rent 23.8% income on rent
51°F Avg Temperature 275 sunny days/yr
76 Violent Crime/100K 393 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$73,258 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$169,700 home value, $862/mo rent
F
Safety
1.0 / 5.0
76 violent crimes/100K
B+
Education
3.6 / 5.0
32.2% bachelor's degree or higher

Housing Overview

Median Home Value
$169,700
40% below
US avg: $281,900
Median Rent
$862/mo
26% below
US avg: $1,163/mo
Homeownership Rate
71.2%
9% above US avg (65.4%)
Total Housing Units
4,046
Median year built: 1958

Home Value by Source

Census Median
$169,700
Zillow (ZHVI)
$225,607
Median Sale Price
$163,750
Median List Price
$117,250
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.2%
Owner-Occupied
28.8%
Renter-Occupied
71%
29%
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: $862/mo

Market Indicators (Redfin)

Median Days on Market
40 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
60.0%
of listings with price reduction
Price Per Sq Ft
$117
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
71.2%

Complete Housing Data

Home Values

Census Median Value$169,700
Zillow Home Value (ZHVI)$225,607
Median Sale Price$163,750
Median List Price$117,250
Price Per Sq Ft$117

Rent

Census Median Rent$862
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 Market40
Sale-to-List Ratio1.0%
Price Drops60.0%
Homes Sold4
Active Inventory10
Price Per Sq Ft$117

Ownership & Stock

Owner-Occupied71.2%
Renter-Occupied28.8%
Homeownership Rate71.2%
Total Housing Units4,046
Median Year Built1958
Rent Burden23.8%