Pennsylvania Home Values & Market Trends
There have been 164,580 properties sold in the Pennsylvania real estate market trends. Median home values in the Pennsylvania housing market are $255,086.21. The median residential home value for transactions over the last 12 months is 224,594.097. The State of Pennsylvania currently has 8,300 properties in foreclosure, 842 bank owned properties, and 2,764 headed for auction.
Pennsylvania Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Philadelphia | $ 239,486 $ 190/sqft | Adams | $ 311,155 $ 152/sqft |
| Allegheny | $ 209,900 $ 153/sqft | Indiana | $ 120,547 $ 73/sqft |
| Montgomery | $ 480,400 $ 222/sqft | Lawrence | $ 108,830 $ 87/sqft |
| Delaware | $ 319,450 $ 196/sqft | Centre | $ 337,963 $ 180/sqft |
| Monroe | $ 319,000 $ 166/sqft | Huntingdon | $ 165,626 $ 96/sqft |
| Bucks | $ 479,500 $ 244/sqft | Somerset | $ 186,391 $ 109/sqft |
| Chester | $ 552,572 $ 233/sqft | Bedford | $ 191,153 $ 106/sqft |
| Erie | $ 181,016 $ 132/sqft | Venango | $ 135,000 $ 77/sqft |
| Lackawanna | $ 190,650 $ 117/sqft | Lycoming | $ 180,500 $ 101/sqft |
| York | $ 267,500 $ 140/sqft | Wyoming | $ 228,950 $ 126/sqft |
| Pike | $ 274,582 $ 152/sqft | Mercer | $ 81,490 $ 68/sqft |
| Luzerne | $ 183,838 $ 111/sqft | Potter | $ 164,114 $ 84/sqft |
| Lancaster | $ 323,992 $ 174/sqft | Susquehanna | $ 262,450 $ 139/sqft |
| Westmoreland | $ 188,327 $ 163/sqft | Clearfield | $ 110,217 $ 72/sqft |
| Northampton | $ 327,500 $ 180/sqft | Clarion | $ 115,600 $ 79/sqft |
| Lehigh | $ 348,697 $ 182/sqft | Armstrong | $ 125,034 $ 78/sqft |
| Dauphin | $ 198,375 $ 114/sqft | Perry | $ 164,543 $ 100/sqft |
| Berks | $ 281,938 $ 160/sqft | Columbia | $ 174,075 $ 116/sqft |
| Cambria | $ 129,061 $ 72/sqft | Warren | $ 197,174 $ 118/sqft |
| Bradford | $ 178,651 $ 101/sqft | Union | $ 473,085 $ 152/sqft |
| Wayne | $ 296,250 $ 158/sqft | Mckean | $ 100,721 $ 88/sqft |
| Franklin | $ 270,100 $ 148/sqft | Montour | $ 260,374 $ 165/sqft |
| Washington | $ 214,000 $ 130/sqft | Mifflin | $ 132,611 $ 94/sqft |
| Cumberland | $ 280,000 $ 156/sqft | Sullivan | $ 166,147 $ 133/sqft |
| Beaver | $ 157,571 $ 131/sqft | Snyder | $ 211,760 $ 150/sqft |
| Schuylkill | $ 124,911 $ 76/sqft | Forest | $ -- $ -- |
| Crawford | $ 149,825 $ 94/sqft | Greene | $ 124,866 $ -- |
| Butler | $ 321,500 $ 188/sqft | Elk | $ 132,647 $ 129/sqft |
| Carbon | $ 287,996 $ 168/sqft | Juniata | $ 130,800 $ 89/sqft |
| Fayette | $ 135,174 $ 101/sqft | Jefferson | $ 127,000 $ 99/sqft |
| Lebanon | $ 236,773 $ 142/sqft | Fulton | $ 171,027 $ 100/sqft |
| Blair | $ 138,614 $ 86/sqft | Clinton | $ 118,244 $ 63/sqft |
| Tioga | $ 170,500 $ 99/sqft | Cameron | $ -- $ -- |
| Northumberland | $ 135,700 $ 89/sqft |
Housing Market Summary for Pennsylvania
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $241.1K | $232.5K | -3.55% |
| Median Sold Price | $224K | $232.5K | 3.80% |
| Homes For Sale | 10,587 | 9,868 | -6.79% |
| Homes Sold | 82,568 | 77,269 | -6.42% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Pennsylvania
Browse Homes in Pennsylvania
There are currently 11,008 properties for sale in Pennsylvania. The current home value ranges in price from 140 to 10,900,000. The total count of properties in the state is 4,358,298, and the percentage of properties for sale is 11008.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.11% of all residential properties in Pennsylvania with Philadelphia containing 2059 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 $2,604,520 in Centre to the lowest home value of $16,177 in Philadelphia.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Pennsylvania ranges from the highest value of $789,500 in Wayne to the lowest value of $21,600 in Allegheny. Bank owned homes and properties account for 0.02% of properties in Pennsylvania. There are 67 counties within Pennsylvania; Allegheny containing 140 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsPhiladelphia has 639 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 0.06% 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 $21,790 in Warren.
Compare Nearby Cities
More Real Estate Resources for Pennsylvania
Guide for Pennsylvania
Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.
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
Learn how a short sale can stop the foreclosure process.
