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 Q3 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$173,602

Number Of Homes And Apartments:
4,951,780

Pennsylvania Home Prices

Value Range
> $1,093,000 0.9
$820,001 - $1,093,000 1.0
$547,001 - $820,000 3.3
$437,001 - $547,000 3.9
$328,001 - $437,000 8.8
$219,001 - $328,000 19.2
$109,001 - $219,000 34.3
$55,001 - $109,000 18.9
$0 - $55,000 9.8

Pennsylvania Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q2 - 2017 Q3
1.18% 4.79% 4
Last 12 Months:
2016 Q3 - 2017 Q3
4.05% 4.05% 4
Last 2 Years:
2015 Q3 - 2017 Q3
8.00% 3.92% 4
Last 5 Years:
2012 Q3 - 2017 Q3
14.44% 2.73% 3
Last 10 Years:
2007 Q3 - 2017 Q3
5.41% 0.53% 4
Since 2000:
2000 Q1 - 2017 Q3
77.43% 3.33% 5
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,100 / per month

Homeownership Rate

Homeownership
Owners 66.88
Renters 33.12
Vacant 11.22

Housing Details

Age of Homes

AGE OF Pennsylvania HOMES
2000 or Newer 9.3
1970 - 1999 31.8
1940 - 1969 32.1
1939 or Older 26.8

Types of Homes

TYPE OF Pennsylvania HOMES
Single-Family 57.1
Townhomes 18.4
Small Apt. Buildings 8.7
Apt. Complexes 11.6
Mobile Homes 4.1
Other 0.0

Home Size

SIZE OF Pennsylvania HOMES
No Bedroom 1.94
1 Bedroom 10.43
2 Bedrooms 23.12
3 Bedrooms 43.17
4 Bedrooms 17.11
5 or more bedrooms 4.24