Pennsylvania
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating PA Cities Since 2000






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 Q4 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$175,294

Number Of Homes And Apartments:
4,961,929

Pennsylvania Home Prices

Value Range
> $1,090,000 0.6
$817,001 - $1,090,000 1.0
$545,001 - $817,000 3.7
$436,001 - $545,000 4.2
$327,001 - $436,000 9.6
$218,001 - $327,000 20.3
$109,001 - $218,000 34.5
$54,001 - $109,000 16.8
$0 - $54,000 8.8

Pennsylvania Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q3 - 2017 Q4
0.37% 1.48%
3
Last 12 Months:
2016 Q4 - 2017 Q4
4.31% 4.31%
4
Last 2 Years:
2015 Q4 - 2017 Q4
8.24% 4.04%
4
Last 5 Years:
2012 Q4 - 2017 Q4
14.54% 2.75%
3
Last 10 Years:
2007 Q4 - 2017 Q4
5.37% 0.52%
4
Since 2000:
2000 Q1 - 2017 Q4
78.15% 3.31%
5
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,121 / per month

Homeownership Rate

Homeownership
Owners 66.72
Renters 33.28
Vacant 11.27

Housing Details

Age of Homes

AGE OF Pennsylvania HOMES
2000 or Newer 9.8
1970 - 1999 31.7
1940 - 1969 32.0
1939 or Older 26.5

Types of Homes

TYPE OF Pennsylvania HOMES
Single-Family 57.2
Townhomes 18.4
Small Apt. Buildings 8.7
Apt. Complexes 11.7
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Pennsylvania HOMES
No Bedroom 1.98
1 Bedroom 10.38
2 Bedrooms 22.96
3 Bedrooms 43.23
4 Bedrooms 17.21
5 or more bedrooms 4.25