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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 Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (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

$268,702

Number Of Homes And Apartments:

5,150,940

Pennsylvania Home Prices

> $1,391,132
$1,043,173 - $1,391,132
$695,567 - $1,043,172
$556,390 - $695,566
$417,274 - $556,389
$278,239 - $417,273
$139,033 - $278,238
$69,528 - $139,032
$0 - $69,527
1.2%
1.2%
1.5%
1.5%
5.5%
5.5%
5.9%
5.9%
11.9%
11.9%
21.6%
21.6%
31.3%
31.3%
14.3%
14.3%
6.8%
6.8%
0% 100.0%
% of Homes

Pennsylvania Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,832 / per month

Homeownership Rate

Owners
Renters
Vacant
67.0%
67.0%
33.0%
33.0%
10.1%
10.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
12.1%
12.1%
31.5%
31.5%
30.7%
30.7%
25.7%
25.7%
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%
12.3%
12.3%
3.7%
3.7%
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
2.2%
2.2%
10.3%
10.3%
22.4%
22.4%
42.8%
42.8%
17.7%
17.7%
4.5%
4.5%
0% 100.0%
% of Homes