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 Q2 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

Average Home Values

Median Home Value:
$195,866

Number Of Homes And Apartments:
5,025,132

Pennsylvania Home Prices

Value Range
> $1,158,653 1.0
$868,925 - $1,158,653 1.1
$579,234 - $868,924 3.9
$463,501 - $579,233 4.5
$347,545 - $463,500 9.7
$231,745 - $347,544 19.7
$115,891 - $231,744 34.0
$57,977 - $115,890 17.6
$0 - $57,976 8.5

Pennsylvania Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q1 - 2020 Q2
0.42% 1.69%
3
Last 12 Months:
2019 Q2 - 2020 Q2
3.85% 3.85%
6
Last 2 Years:
2018 Q2 - 2020 Q2
8.37% 4.10%
5
Last 5 Years:
2015 Q2 - 2020 Q2
20.80% 3.85%
4
Last 10 Years:
2010 Q2 - 2020 Q2
24.17% 2.19%
3
Since 2000:
2000 Q1 - 2020 Q2
96.97% 3.40%
5
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,154 / per month

Homeownership Rate

Homeownership
Owners 66.71
Renters 33.29
Vacant 11.43

Housing Details

Age of Homes

AGE OF Pennsylvania HOMES
2000 or Newer 10.8
1970 - 1999 31.6
1940 - 1969 31.4
1939 or Older 26.3

Types of Homes

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

Home Size

SIZE OF Pennsylvania HOMES
No Bedroom 2.11
1 Bedroom 10.20
2 Bedrooms 22.85
3 Bedrooms 43.19
4 Bedrooms 17.34
5 or more bedrooms 4.29