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Buying a home in New Stanton, Pennsylvania

The typical owner-occupied home in New Stanton is worth about $245,600, 3% below the Pennsylvania median of $254,500 and 26% below the national median of $332,700. Owners pay a median $2,981 a year in property taxes, about 1.21% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $71,250 a year, so the median home costs 3.4 times the median income (3.3 times for Pennsylvania). 61% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.

New Stanton at a glance

New Stanton Pennsylvania U.S.
Median home value $245,600 $254,500 $332,700
Median property tax paid per year $2,981 $3,311 $3,119
Property tax as a share of value 1.21% 1.30% 0.94%
Median household income $71,250 $77,971 $80,734
Homes lived in by their owners 61% 69% 65%
Owner homes with a mortgage 65% 58% 61%
Median monthly costs, owners with a mortgage $1,640 $1,762 $1,963
Those costs as a share of the owners' income 20.2% 19.4% 21.0%
Median rent $1,058 $1,209 $1,413
Rent as a share of renters' income 26.3% 29.2% 30.6%
Median year homes were built 1974 1965 1980
Vacant homes 9.1% 9.2% 10.1%
Population 2,515 13,018,639 334,922,499

What a typical home costs per month in New Stanton

At this week's average 30-year rate of 7.11%, buying the median New Stanton home of $245,600 with 20% down costs about $1,672 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,081, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $71,645 for the 20%-down payment. That payment is 28% of the median New Stanton household income of $71,250; at that income and 20% down, the 28% guideline points to a home of about $244,000.

The median rent here is $1,058 a month, so owning the median home costs about $614 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$49,120
Loan amount$196,480
Principal and interest$1,322
Property taxes (1.21% a year)$248
Homeowners insurance (our estimate, 0.5% a year)$102
PMI$0
Total per month$1,672

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3.5% down, 30-year FHA loan
Down payment$8,596
Loan amount$241,152
Principal and interest$1,622
Property taxes (1.21% a year)$248
Homeowners insurance (our estimate, 0.5% a year)$102
FHA mortgage insurance$109
Total per month$2,081

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Questions about home buying in New Stanton

What is the median home value in New Stanton?

About $245,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in New Stanton?

Homeowners pay a median $2,981 a year, which is about 1.21% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in New Stanton?

For the median home with 20% down at 7.11%, the payment is about $1,672 a month. Keeping that under 28% of gross income takes about $71,645 a year.

More about New Stanton

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data