Home Values

Pennsylvania Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$150,300

  • -0.1% 1-year change
  • 0.6% 1-year forecast

The median home value in Pennsylvania is $150,300. Pennsylvania home values have declined -0.1% over the past year and Zillow predicts they will rise 0.6% within the next year. The median list price per square foot in Pennsylvania is None. The median rent price in Pennsylvania is $1,250.

Foreclosures will be a factor impacting home values in the next several years. In Pennsylvania 4.6 homes are foreclosed (per 10,000). This is greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Pennsylvania is 6.1%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Pennsylvania homeowners underwater on their mortgage is 16.7%.

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Relative ZHVI
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Pennsylvania Market Overview

Data through Apr 30, 2015
  • $150,300 ZHVI
  • 0.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $161,265 Median sale price
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Pennsylvania Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • 140 Average days on Zillow (Mar 31, 2015)
  • 16.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 6.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

4.6 homes Pennsylvania
3.9 homes United States
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Cities in Pennsylvania

Name Median ZHVI
West Chester $348,600
Bethlehem Township $151,500
Philadelphia $104,900
Name Median ZHVI
Allentown $97,700
Pittsburgh $86,900
York Township $82,400
Name Median ZHVI
Scranton $78,300
Erie $77,200
Reading $55,900

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $112 Median sale price / sq ft
  • No data Listings with price cut
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Pennsylvania Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,233 Pennsylvania
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,250 Rent list price
  • $1.11 Rent list price / sq ft
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