Nazareth, Pennsylvania.
Typical home $458,587 (+4.3% in a year), asking rent $1,686 (-0.9%). Allentown-Bethlehem-Easton, PA-NJ metro.
to buy the typical home at today's mortgage rate — +$1,341 (+126%) since Jan 2020.
- 1 year
- Up $19,099 +4%
- $439,489$458,587 since Sep 2025
- 5 years
- Up $109,382 +31%
- $349,206$458,587 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Nazareth$2,407
- Pennsylvania$1,507
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Nazareth, PA rose 4.3% over the past year — faster than the nation's +1.2%.
Asking rents in Nazareth, PA fell 0.9% over the past year — slower than the nation's +2.7%.
Owning the typical home in Nazareth runs $1,794/mo more than renting one — the widest that gap has been in this data.
That is $3,480 a month against $1,686 rent: a $2,407 mortgage payment, plus $582 property tax and $491 insurance & upkeep.
Owning vs renting — Nazareth
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,480
- Renting$1,686
- Mortgage only$2,407
Property tax · $582/mo 1.52% of value a year — the ACS 2020-2024 median bill over the median home value for Northampton County, PA
Insurance & upkeep · $491/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Nazareth, Northampton County, Pennsylvania
Nazareth is a borough of 6,053 people in Northampton County. 42% of its homes are lived in by their owners and 58% are rented. Unemployment in Northampton County was 4.1% in August 2026, and the county had 1.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Nazareth is a small borough in Northampton County, with a population that skews older than much of the country. Fewer homes here are lived in by their owners than you might expect for a town this size, so renting is common, and typical home values and rents both run high. Winters are cold and snowy, with January the coldest month, while summers are warm, and precipitation is steady through the year.
Work. Residents work mostly in schools, hospitals and social care, followed by shops, manufacturing, and professional and business services. A smaller group works from home. Across Northampton County, some of the largest workplaces are Lehigh University, Bethlehem Area Schools and ST Luke Hospital Anderson Campus, and the county has added jobs over the past year.
Things to do. Close to home, Nazareth Speedway is a race track in or beside town, and Indian Tower is a tourist attraction in the same area. A short drive away, Bushkill Park is an amusement park, and the Lee and Virginia Graver Arboretum is a botanical garden. For a longer outing, Pocono Raceway is a race track a longer drive away.
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- 2,994households
- 27%of adults have a degree
- 16%below the poverty line
- 11%work from home
What residents work in
Employed residents by industry, from the Census survey. Northampton County had 122,795 jobs in 2025, 1.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 38° and lows near 22°; warmest in July, with highs near 86° and lows near 64°. About 51 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Phillipsburg-easton Brg weather station, 7 miles away (NOAA).
Largest workplaces in Northampton County
- Lehigh UniversityUniversity or college1,997
- Bethlehem Area SDSchool district1,953FTE
- FedExCourier and express delivery services1,720
- St Luke Hospital Anderson CampusGeneral hospital1,665FTE
- Victaulic - ForksDuctile iron foundries1,567
- Northampton County Area Community CollegeTwo-year college1,534
- WalmartGeneral warehousing and storage1,215
- UPSCouriers and express delivery services1,190
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 338 workplaces with 20 or more staff, 48,225 people in all across the county; Nazareth has two of its own. Colleges come from IPEDS (NCES, 2023–24), school districts from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- Heat wavesRelatively moderate
- LightningRelatively moderate
- Cold wavesRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Nazareth’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Northampton County and the Allentown-Bethlehem-Easton, PA-NJ metro.
Nazareth home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Nazareth$458,587
- Pennsylvania$287,078
- United States$366,157
Sellers are cutting prices on about 1 in 4 Nazareth listings, and the typical home goes pending in 8 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Nazareth22.85%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Nazareth8
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Nazareth53
New listings per month
Sellers arriving at the market.
- Nazareth26
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Nazareth$478,422
- United States$371,407
Zip codes with a Nazareth address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Nazareth — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.