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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 Q4 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2023 (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

$316,506

Number Of Homes And Apartments:

5,235,339

Pennsylvania Home Prices

> $1,321,781
$991,249 - $1,321,781
$660,915 - $991,248
$528,616 - $660,914
$396,476 - $528,615
$264,262 - $396,475
$132,143 - $264,261
$66,061 - $132,142
$0 - $66,060
1.9%
1.9%
2.7%
2.7%
8.9%
8.9%
8.6%
8.6%
14.3%
14.3%
23.8%
23.8%
24.9%
24.9%
9.6%
9.6%
5.4%
5.4%
0% 100.0%
% of Homes

Pennsylvania Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,878 / per month

Homeownership Rate

Owners
Renters
67.1%
67.1%
32.9%
32.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.4%
9.4%
90.6%
90.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
13.5%
13.5%
31.1%
31.1%
30.2%
30.2%
25.1%
25.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
56.7%
56.7%
18.8%
18.8%
8.2%
8.2%
12.6%
12.6%
3.6%
3.6%
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
2.3%
2.3%
10.4%
10.4%
22.4%
22.4%
42.6%
42.6%
17.9%
17.9%
4.5%
4.5%
0% 100.0%
% of Homes