Market Overview
Home Prices in New Park, PA
The median home value in New Park, PA is $408,297 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Park are priced0% below average. New Park is part of the York-Hanover, PA metro area.
Price History
New Park Home Price Trend
2024
$374,899
$375K
—
2025
$395,362
$395K
+5.5%
2026
$408,297
$408K
+3.3%
City Comparison
New Park vs. National Median
🏠 New Park
$408,297
National Median
$410,000
At $408,297, homes in New Park cost 0% below the national median of $410,000. This makes New Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Park?
20% Down Payment
$81,659
on $408,297
Monthly P&I
$2,129/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,704/mo
incl. taxes & insurance
Income Needed
$108,160
gross annual (30% rule)
10% Down Option
$40,830
+ PMI applies
Loan Amount (20% dn)
$326,638
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in New Park, PA?
The median home value in New Park is $408,297 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in New Park?
Over the past year, home values in New Park have increased by 3.3%.
How much do I need to earn to buy a home in New Park?
To comfortably afford the median home price of $408,297 with a 20% down payment ($81,659) at today's rates (6.8%), you'd need a gross annual income of approximately $108,160. This assumes keeping total housing costs at or below 30% of gross income.
How does New Park compare to the national average home price?
The national median home value is approximately $410,000. At $408,297, homes in New Park are 0% below the national average.
What metro area is New Park part of?
New Park is part of the York-Hanover, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.