Pennsylvania Home Values & Market Trends

There have been 164,115 properties sold in the Pennsylvania real estate market trends. Median home values in the Pennsylvania housing market are $252,783.13. The median residential home value for transactions over the last 12 months is 221,017.917. The State of Pennsylvania currently has 8,409 properties in foreclosure, 755 bank owned properties, and 2,878 headed for auction.

Pennsylvania Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Philadelphia

$ 227,054

$ 178/sqft

Huntingdon

$ 143,183

$ 100/sqft

Allegheny

$ 206,212

$ 147/sqft

Northumberland

$ 93,365

$ 67/sqft

Montgomery

$ 475,406

$ 226/sqft

Somerset

$ 190,246

$ 110/sqft

Monroe

$ 319,000

$ 167/sqft

Centre

$ 273,202

$ 164/sqft

Delaware

$ 270,173

$ 179/sqft

Adams

$ 340,093

$ 154/sqft

Bucks

$ 478,027

$ 241/sqft

Lycoming

$ 200,080

$ 104/sqft

Chester

$ 531,296

$ 223/sqft

Indiana

$ 128,000

$ 73/sqft

York

$ 265,000

$ 139/sqft

Bedford

$ 175,317

$ 108/sqft

Erie

$ 172,914

$ 126/sqft

Venango

$ 131,046

$ 79/sqft

Lackawanna

$ 193,150

$ 117/sqft

Mercer

$ 75,000

$ 37/sqft

Luzerne

$ 184,338

$ 114/sqft

Perry

$ 157,373

$ 96/sqft

Pike

$ 275,620

$ 141/sqft

Susquehanna

$ 250,492

$ 157/sqft

Lancaster

$ 303,832

$ 166/sqft

Armstrong

$ 98,205

$ 68/sqft

Westmoreland

$ 179,100

$ 165/sqft

Clarion

$ 112,000

$ 91/sqft

Northampton

$ 326,322

$ 187/sqft

Potter

$ 160,134

$ 92/sqft

Dauphin

$ 198,375

$ 115/sqft

Wyoming

$ 214,428

$ 106/sqft

Berks

$ 265,000

$ 146/sqft

Clearfield

$ 96,658

$ 63/sqft

Lehigh

$ 324,242

$ 180/sqft

Columbia

$ 169,000

$ 124/sqft

Cambria

$ 118,087

$ 71/sqft

Mckean

$ 111,993

$ 79/sqft

Bradford

$ 170,319

$ 90/sqft

Warren

$ 212,554

$ 117/sqft

Franklin

$ 261,900

$ 142/sqft

Union

$ 379,900

$ 149/sqft

Wayne

$ 269,485

$ 153/sqft

Snyder

$ 192,500

$ 133/sqft

Cumberland

$ 294,991

$ 155/sqft

Montour

$ 260,911

$ 143/sqft

Washington

$ 193,784

$ 120/sqft

Mifflin

$ 132,500

$ 80/sqft

Beaver

$ 137,400

$ 115/sqft

Sullivan

$ 212,438

$ 133/sqft

Schuylkill

$ 123,956

$ 76/sqft

Greene

$ 255,961

$ 144/sqft

Crawford

$ 144,791

$ 97/sqft

Jefferson

$ 101,135

$ 84/sqft

Fayette

$ 119,365

$ 82/sqft

Forest

$ --

$ --

Blair

$ 172,470

$ 92/sqft

Fulton

$ 171,121

$ 104/sqft

Carbon

$ 248,700

$ 151/sqft

Elk

$ 140,979

$ 131/sqft

Butler

$ 311,020

$ 190/sqft

Juniata

$ 193,256

$ 124/sqft

Lebanon

$ 228,178

$ 151/sqft

Clinton

$ 141,460

$ 65/sqft

Lawrence

$ 89,900

$ 69/sqft

Cameron

$ --

$ --

Tioga

$ 157,416

$ 88/sqft

See More

Housing Market Summary for Pennsylvania

Mar 2023February 2024Change
Median Listing Price$230.2K$235.9K2.48%
Median Sold Price$224.1K$235.9K5.30%
Homes For Sale10,1959,374-8.05%
Homes Sold89,09189,3600.30%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Pennsylvania

There are currently 10,650 properties for sale in Pennsylvania. The current home value ranges in price from 1 to 13,900,000. The total count of properties in the state is 4,355,626, and the percentage of properties for sale is 10650.00%.

Foreclosure
There are 67 counties within Pennsylvania; within these counties, the median estimated home value for homes in foreclosure ranges from $443,762 in Philadelphia to the lowest value of $10,799 in Philadelphia. Foreclosure homes account for 0.00% of properties in Pennsylvania with Philadelphia containing 2839 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.11% of all residential properties in Pennsylvania with Philadelphia containing 2123 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 67 counties within Pennsylvania; of those counties, the estimated home value for pre-foreclosure homes ranges from $2,670,075 in Lebanon to the lowest home value of $10,799 in Philadelphia.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Pennsylvania ranges from the highest value of $829,500 in Wayne to the lowest value of $20,174 in Allegheny. Bank owned homes and properties account for 0.02% of properties in Pennsylvania. There are 67 counties within Pennsylvania; Allegheny containing 117 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Philadelphia has 621 auction properties, the highest number of properties going to auction in a single county in the state of Pennsylvania. Auction homes and other auction properties account for 0.07% of all properties in Pennsylvania. There are 67 counties within Pennsylvania; of those counties, the median estimated home value for homes going to auction ranges from $1,900,000 in Warren to the lowest value of $19,186 in Warren.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.24% of residential properties in Pennsylvania with Philadelphia containing 2431 homes for sale, the highest number of listed properties in a single county. There are 67 counties within Pennsylvania; homes for sale in those counties, have a range of median values from $979,209 in Union to the lowest value of $15,672 in Philadelphia.
    Sold Homes
    The median value for recently sold homes ranges from $473,138 in Clarion to the lowest price of $7,873 in Clarion. There are 67 counties within Pennsylvania. Philadelphia has 9933 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 1.96% of properties in Pennsylvania.

      Compare Nearby Cities

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      Guide for Pennsylvania

      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      See More Articles
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.