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Olyphant, PA

Full City Profile · Pennsylvania · Lackawanna County County

3.4 /5.0
B Good
5,370 Population 987/sq mi density
$63,516 Median Income $34,195 per capita
$143,400 Home Value $245,281 Zillow
$889 Median Rent 26.1% income on rent
51°F Avg Temperature 275 sunny days/yr
58 Violent Crime/100K 444 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$63,516 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$143,400 home value, $889/mo rent
F
Safety
1.0 / 5.0
58 violent crimes/100K
B
Education
3.2 / 5.0
27.9% bachelor's degree or higher

Housing Overview

Median Home Value
$143,400
49% below
US avg: $281,900
Median Rent
$889/mo
24% below
US avg: $1,163/mo
Homeownership Rate
68.3%
4% above US avg (65.4%)
Total Housing Units
2,611
Median year built: 1958

Home Value by Source

Census Median
$143,400
Zillow (ZHVI)
$245,281
Median Sale Price
$253,450
Median List Price
$204,200
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.3%
Owner-Occupied
31.7%
Renter-Occupied
68%
32%
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: $889/mo

Market Indicators (Redfin)

Median Days on Market
122 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$124
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
26.1%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
68.3%

Complete Housing Data

Home Values

Census Median Value$143,400
Zillow Home Value (ZHVI)$245,281
Median Sale Price$253,450
Median List Price$204,200
Price Per Sq Ft$124

Rent

Census Median Rent$889
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 Market122
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold2
Active Inventory8
Price Per Sq Ft$124

Ownership & Stock

Owner-Occupied68.3%
Renter-Occupied31.7%
Homeownership Rate68.3%
Total Housing Units2,611
Median Year Built1958
Rent Burden26.1%