Real Estate Market Update for Ephrata, PA
Welcome to January's Market Update. Lets take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 37% from one year earlier, and down 16% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 5%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 160-thousand dollars. The number of units sold decreased 32% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Ephrata, PA
Area Information for Ephrata, PA
  • Population: 13,609
  • Median Age: 38.29 yr
  • Median Commute Time: 20 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 3,981/sq mi
  • Population Change Since 2000: 4.93%
  • Closest Airport: Harrisburg International
  • Closest College: Lancaster Bible College
  • Closest Jr. College: Thaddeus Stevens College Of Technology
  • Median Household Income: $50,283
  • Annual Residential Turnover: 10%
  • Median Home Sales Price: $136,000
  • Closest Major Sports Team: Reading Fightin Phils (aa)
  • Change Avg. Household Income Since 2000: 28.55%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Ephrata, PA
Median Age: 38.29 Married: 43% Number of Households: 5,624 Households with Children: 1,642
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Ephrata, PA

      School Name Distance Type Grades School Rating Parent Rating
      Glenwood Parochial School 0.5 mi Private - 0 0
      Hahnstown Mennonite School 0.9 mi Private 1-9 0 0
      Wood Crest Parochial School 1.1 mi Private 1-8 0 0
      Pleasant Valley Mennonite School 1.5 mi Private K-12 0 0
      Pleasant Valley Parochial School 1.7 mi Private K-8 0 0
      Hillside Parochial School 1.9 mi Private - 0 0
      Hillside Spec Ed Mennonite Sch 1.9 mi Private - 0 0
      Conestoga View School 1.9 mi Private - 0 0
      Grace Christian School 2.0 mi Private 1-9 0 0
      Hinkletown Mennonite School 2.0 mi Private PRESCHOOL-8 0 0
      Fairmount School 2.2 mi Private 1-8 0 0
      Martindale Parochial School 2.3 mi Private - 0 0
      Our Mother Of Perpetual Help School 2.4 mi Catholic PRESCHOOL-8 0 0
      Lincoln Independent School 2.5 mi Private 5-8 0 0
      Fulton Elementary School 2.6 mi Public K-4 4 0
      Highland Elementary School 2.7 mi Public K-4 2 0
      Bethany Parochial School 2.8 mi Private 1-8 0 0
      Farmersville Mennonite School 3.2 mi Private 1-9 0 0
      Ephrata Mennonite School 3.2 mi Private K-12 0 0
      Ephrata Senior High School 3.2 mi Public 9-12 4 3
      Ephrata Middle School 3.4 mi Public 7-8 4 0
      Scheaffer Mennnonite School 3.6 mi Private - 0 0
      Springville Mennonite School 3.7 mi Private 1-9 0 0
      Diamond Road Menn School 4.0 mi Private - 0 0
      Farmersville Amish School 4.0 mi Private - 0 0
      Grace Point Learning Center 5.5 mi Private K-K 0 0
      Clay Elementary School 6.7 mi Public K-4 4 0
      Durlach Parochial School 6.8 mi Private 1-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Ephrata, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.