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Reamstown

Learn about the people, housing, costs and businesses in Reamstown, Pennsylvania

Median Home$312,300
Median Rent$1,197/month
Population3,772
Leading IndustriesTransportation · Wholesale Trade · Retail6% transportation
Home Value Growth⬆⬆+14.5% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners74% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Reamstown
PA

Frequently Asked Questions

What are today's mortgage rates in Reamstown?

As of today, the 30-year fixed mortgage rate for Reamstown is approximately 6.950% (6.988% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Reamstown?

The median home value in Reamstown is $312k. The median monthly rent is $1,197. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reamstown?

Home values in Reamstown have increased 14.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Reamstown?

Based on a typical all-in ownership cost of $1,327/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reamstown is $84k/year.

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What industries drive the economy in Reamstown?

The largest employment sectors in Reamstown are retail (17%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.