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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Easton, PA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Easton, PA Housing Market Trends

With 30,341 people, 10,442 houses or apartments, and a median cost of homes of $232,310, house prices in Easton are solidly below the national average.

Row houses and other attached homes are the single most common housing type in Easton, accounting for 33.28% of the city's housing units. Other types of housing that are prevalent in Easton include single-family detached homes ( 26.85%), large apartment complexes or high rise apartments ( 20.37%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 19.22%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.

People in Easton primarily live in small (one, two or no bedroom) row houses and other attached homes. Easton has a mixture of owner-occupied and renter-occupied housing.

The housing in Easton was primarily built before 1939 ( 63.31%), making the housing stock in Easton some of the oldest overall in America, although there is a range of ages of homes in Easton. The next most important housing age is between 1940-1969 ( 17.05%), followed by between 1970-1999 ( 14.34%). There's also some housing in Easton built between 2000 and later ( 5.30%).

Easton Home Appreciation Rates

Appreciation rates for homes in Easton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 91.85%, which ranks in the top 40% nationwide. This equates to an annual average Easton house appreciation rate of 6.73%.

Appreciation rates are so strong in Easton that despite a nationwide downturn in the housing market, Easton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Easton appreciation rates continue to be some of the highest in America, at 9.02%, which is higher than appreciation rates in 91.68% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Easton. Easton appreciation rates in the latest quarter were at 2.24%, which equates to an annual appreciation rate of 9.28%.

Importantly, this makes Easton one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Pennsylvania, our data show that Easton's latest annual appreciation rate is higher than 90% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Easton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Easton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Easton real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$232,310

Easton, PA Home Prices
> $1,412,000
$1,060,001 - $1,412,000
$706,001 - $1,060,000
$565,001 - $706,000
$423,001 - $565,000
$282,001 - $423,000
$141,001 - $282,000
$71,001 - $141,000
$0 - $71,000
1.3%
1.3%
0.0%
0.0%
1.3%
1.3%
6.1%
6.1%
6.8%
6.8%
16.4%
16.4%
49.1%
49.1%
16.3%
16.3%
2.7%
2.7%
0% 100.0%
% of Homes
Average

for Pennsylvania

Average

for nation

Number of Homes And Apartments:

10,442

Easton Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,979 / per month

Homeownership Rate

Owners
Renters
40.4%
40.4%
59.6%
59.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.1%
9.1%
90.9%
90.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
5.3%
5.3%
14.3%
14.3%
17.0%
17.0%
63.3%
63.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
26.9%
26.9%
33.3%
33.3%
19.2%
19.2%
20.4%
20.4%
0.3%
0.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.1%
4.1%
19.7%
19.7%
26.0%
26.0%
32.6%
32.6%
12.3%
12.3%
5.3%
5.3%
0% 100.0%
% of Homes