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 Q2 2018. 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:
$178,241

Number Of Homes And Apartments:
4,961,929

Pennsylvania Home Prices

Value Range
> $1,116,611 0.9
$837,541 - $1,116,611 1.0
$558,318 - $837,540 3.5
$446,691 - $558,317 4.0
$335,001 - $446,690 9.0
$223,355 - $335,000 19.3
$111,642 - $223,354 34.2
$55,875 - $111,641 18.6
$0 - $55,874 9.6

Pennsylvania Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
1.96% 8.07%
5
Last 12 Months:
2017 Q2 - 2018 Q2
5.00% 5.00%
4
Last 2 Years:
2016 Q2 - 2018 Q2
9.07% 4.43%
4
Last 5 Years:
2013 Q2 - 2018 Q2
17.39% 3.26%
3
Last 10 Years:
2008 Q2 - 2018 Q2
9.08% 0.87%
4
Since 2000:
2000 Q1 - 2018 Q2
83.40% 3.38%
5
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,159 / 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