Pennsylvania
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Pennsylvania Real Estate Values & Housing Market Data

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 Q1 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$183,992

Number Of Homes And Apartments:
5,007,442

Pennsylvania Home Prices

Value Range
> $1,118,249 0.9
$838,815 - $1,118,249 1.0
$559,035 - $838,814 3.7
$447,359 - $559,034 4.3
$335,467 - $447,358 9.3
$223,557 - $335,466 19.3
$111,812 - $223,556 34.1
$55,957 - $111,811 18.1
$0 - $55,956 9.2

Pennsylvania Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q4 - 2019 Q1
0.88% 3.58%
5
Last 12 Months:
2018 Q1 - 2019 Q1
4.43% 4.43%
4
Last 2 Years:
2017 Q1 - 2019 Q1
9.82% 4.79%
4
Last 5 Years:
2014 Q1 - 2019 Q1
19.63% 3.65%
4
Last 10 Years:
2009 Q1 - 2019 Q1
12.53% 1.19%
3
Since 2000:
2000 Q1 - 2019 Q1
87.59% 3.37%
5
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,168 / per month

Homeownership Rate

Homeownership
Owners 66.72
Renters 33.28
Vacant 11.43

Housing Details

Age of Homes

AGE OF Pennsylvania HOMES
2000 or Newer 10.4
1970 - 1999 31.5
1940 - 1969 31.7
1939 or Older 26.4

Types of Homes

TYPE OF Pennsylvania HOMES
Single-Family 57.1
Townhomes 18.6
Small Apt. Buildings 8.6
Apt. Complexes 11.7
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Pennsylvania HOMES
No Bedroom 2.09
1 Bedroom 10.22
2 Bedrooms 22.85
3 Bedrooms 43.31
4 Bedrooms 17.26
5 or more bedrooms 4.27