The story of this market
The typical home in ZIP 18848 sells for about $235,000, or $145 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $931 a month.
ZIP 18848 — Towanda
The housing market in 18848 is characterized by steady demand and limited inventory, leading to moderate price appreciation. Buyers are facing a slower pace of sales compared to previous years, but the market remains healthy due to the affordability of the area relative to broader regional trends.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing options and proximity to natural outdoor amenities.
Median prices moved up 4.5% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 14.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 18848, Bradford County PA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the area are generally low and stable, consistent with rural Susquehanna County trends and significantly lower than the Pennsylvania state average.
Schools serving the area are part of the Towanda Area School District, which maintains a moderate academic standing with a focus on community-integrated education.
The area is subject to standard regional flood risks near the Susquehanna River and moderate wildfire risk in heavily wooded sections; property insurance remains stable but sensitive to regional weather events.
Economic momentum is driven by local manufacturing, healthcare, and agricultural sectors, with limited large-scale infrastructure development currently underway.
Property taxes are levied at the county, municipal, and school district levels, with the school district portion representing the largest share of the total effective rate.
Commutes are primarily car-dependent, with residents traveling to regional employment hubs in Towanda or nearby industrial centers via US-220.
The area offers extensive access to the Susquehanna River for boating and fishing, along with local parks and proximity to state game lands for outdoor recreation.
The rental market is tight with limited inventory, primarily consisting of single-family homes and small multi-family units, with stable demand from local workers.
The local economy is anchored by healthcare, education, and manufacturing, with a significant portion of the workforce employed in regional service and trade sectors.
Transportation is heavily reliant on private vehicles, with US-220 serving as the primary corridor for regional connectivity.
Development is primarily focused on small-scale residential infill and commercial maintenance within the existing town footprint.
The county appraisal district conducts periodic reassessments to align property values with market trends, though updates are infrequent.
Parcels are subject to school district taxes, county taxes, and municipal levies, with no major MUD/PID districts reported.
Property insurance premiums are moderate, reflecting the rural nature of the area and standard hazard profiles.
Net domestic migration has been relatively stable with a slight trend toward rural relocation from urban centers.
Pennsylvania is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a comprehensive property disclosure statement covering known material defects.
Data retrieved from data.census.gov for ZCTA 18848.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Major regional waterway providing fishing and boating access.
Local golf course serving the community.
Central community park with recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.