Pennsylvania
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA






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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (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:
$197,103

Number Of Homes And Apartments:
5,023,142

Pennsylvania Home Prices

> $1,168,429
1.0%
1.0%
$876,335 - $1,168,429
1.1%
1.1%
$584,248 - $876,334
3.9%
3.9%
$467,390 - $584,247
4.5%
4.5%
$350,547 - $467,389
9.7%
9.7%
$233,705 - $350,546
19.7%
19.7%
$116,845 - $233,704
34.0%
34.0%
$58,453 - $116,844
17.6%
17.6%
$0 - $58,452
8.5%
8.5%
0.0% 100.0%
% OF HOMES

Pennsylvania Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q2 - 2020 Q3
2.12% 8.77%
7
Last 12 Months:
2019 Q3 - 2020 Q3
4.91% 4.91%
7
Last 2 Years:
2018 Q3 - 2020 Q3
9.63% 4.71%
6
Last 5 Years:
2015 Q3 - 2020 Q3
22.59% 4.16%
4
Last 10 Years:
2010 Q3 - 2020 Q3
25.02% 2.26%
3
Since 2000:
2000 Q1 - 2020 Q3
100.67% 3.46%
5
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,180 / per month

Homeownership Rate

Owners
66.7%
66.7%
Renters
33.3%
33.3%
Vacant
11.4%
11.4%
0.0% 100.0%
% OF HOMES

Housing Details

Age of Homes

2000 or Newer
10.8%
10.8%
1970 - 1999
31.6%
31.6%
1940 - 1969
31.4%
31.4%
1939 or Older
26.3%
26.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
57.1%
57.1%
Townhomes
18.6%
18.6%
Small Apt. Buildings
8.5%
8.5%
Apt. Complexes
11.9%
11.9%
Mobile Homes
3.9%
3.9%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.1%
2.1%
1 Bedroom
10.2%
10.2%
2 Bedrooms
22.9%
22.9%
3 Bedrooms
43.2%
43.2%
4 Bedrooms
17.3%
17.3%
5 or more bedrooms
4.3%
4.3%
0.0% 100.0%
% OF HOMES