Compare: Pennsylvania vs New Jersey
Home Values in Pennsylvania and New Jersey
|Zillow Home Value IndexWhat's this?||$143,800||vs||$261,700|
|Median List Price||$169,900||vs||$279,900|
|Median Sale Price||$167,900||vs||$287,700|
|Total Homes Sold in Oct||13204 homes||vs||11098 homes|
Pennsylvania tends to be less expensive for home buyers than New Jersey. During the last year, Pennsylvania home values have risen by 2.2%, while New Jersey home values have risen by 1.3%. The median sale price in Pennsylvania is $167,900, but the median listing price was $169,900, a 1.2% discount. Meanwhile in New Jersey, the median selling price is $287,700, and the starting price had a median of $279,900, a 2.8% increase. In October, Pennsylvania home sellers managed to move 13204 houses, while New Jersey saw 11098 transactions.
Demographics in Pennsylvania and New Jersey
|Median Household Income||$41,931||vs||$58,488|
|Homes with Kids||29.5%||vs||33.8%|
|Average Household Size||2.5||vs||2.7|
|Average Commute Time (Minutes)||26||vs||30|
At $58,488, the median income in New Jersey is $16,557 more than in Pennsylvania, and $13,976 higher than the national average. Pennsylvania has an older median age, at 38, compared to 36 in New Jersey, and a shorter average commute. The average commute in New Jersey is 30 minutes and the average commute in Pennsylvania is 26 minutes.
Homes for Sale in Pennsylvania and New Jersey
Pennsylvania vs New Jersey