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 Q3 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:
$182,090

Number Of Homes And Apartments:
4,970,200

Pennsylvania Home Prices

Value Range
> $1,138,229 0.9
$853,668 - $1,138,229 1.0
$569,130 - $853,667 3.5
$455,355 - $569,129 4.0
$341,569 - $455,354 9.0
$227,699 - $341,568 19.3
$113,891 - $227,698 34.2
$57,001 - $113,890 18.6
$0 - $57,000 9.6

Pennsylvania Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q2 - 2018 Q3
1.07% 4.34%
4
Last 12 Months:
2017 Q3 - 2018 Q3
4.84% 4.84%
4
Last 2 Years:
2016 Q3 - 2018 Q3
9.25% 4.52%
4
Last 5 Years:
2013 Q3 - 2018 Q3
18.26% 3.41%
3
Last 10 Years:
2008 Q3 - 2018 Q3
12.27% 1.16%
3
Since 2000:
2000 Q1 - 2018 Q3
85.56% 3.40%
5
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,176 / 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