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Pennsylvania
Real Estate Appreciation & Housing Market Trends






Pennsylvania Real Estate Market & Appreciation

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

Average Home Values

Median Home Value

$286,333

Number Of Homes And Apartments:

5,193,727

Pennsylvania Home Prices

> $1,299,471
$974,621 - $1,299,471
$649,770 - $974,620
$519,838 - $649,769
$389,829 - $519,837
$259,948 - $389,828
$129,943 - $259,947
$64,975 - $129,942
$0 - $64,974
1.6%
1.6%
2.2%
2.2%
7.3%
7.3%
7.7%
7.7%
13.2%
13.2%
23.3%
23.3%
27.3%
27.3%
11.4%
11.4%
6.0%
6.0%
0% 100.0%
% of Homes

Pennsylvania Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,730 / per month

Homeownership Rate

Owners
Renters
67.0%
67.0%
33.0%
33.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.7%
9.7%
90.3%
90.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
12.7%
12.7%
31.5%
31.5%
30.4%
30.4%
25.4%
25.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
56.8%
56.8%
18.9%
18.9%
8.3%
8.3%
12.4%
12.4%
3.6%
3.6%
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
2.3%
2.3%
10.3%
10.3%
22.4%
22.4%
42.7%
42.7%
17.9%
17.9%
4.5%
4.5%
0% 100.0%
% of Homes