Pennsylvania Housing Market Trends
Real-time market data powered by Zillow Research. Last updated: 2026-03-03
Is Now a Good Time to Buy in Pennsylvania?
The Pennsylvania housing market is showing balanced conditions.
home values have grown a moderate 2.5% year-over-year. there are currently 914 homes on the market.
Median Home Value
$275,824
Zillow Home Value Index
Year-over-Year
+2.5%
Home value change
5-Year Change
+30.8%
Since 2021
Median Rent
$1,223/mo
Zillow Observed Rent Index
Active Listings
914
Homes for sale
Home Value Trends
5-year Zillow Home Value Index (ZHVI) for Pennsylvania vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.
Rent Trends
Average rent in Pennsylvania: $1,223/mo (+3.8% YoY)
Rent vs. Buy Analysis
With a median home value of $275,824 and average rent of $1,223/mo, the price-to-rent ratio in Pennsylvania is 18.8. A ratio of 15-21 means it could go either way — run the numbers.
Run Full Rent vs. Buy CalculatorTop Markets in Pennsylvania
Explore housing data for 12 metro areas in Pennsylvania. Click any market for detailed trends and analysis.
Philadelphia, PA
$374,293
Avg rent: $1,849/mo
Lancaster, PA
$371,862
Avg rent: $1,490/mo
Allentown, PA
$348,915
Avg rent: $1,756/mo
State College, PA
$335,504
Avg rent: $1,606/mo
Gettysburg, PA
$322,343
Avg rent: $1,251/mo
Lebanon, PA
$303,268
Avg rent: $881/mo
East Stroudsburg, PA
$300,834
Avg rent: $1,795/mo
Reading, PA
$298,628
Avg rent: $1,411/mo
Harrisburg, PA
$297,744
Avg rent: $1,388/mo
York, PA
$296,601
Avg rent: $1,310/mo
Chambersburg, PA
$279,147
Avg rent: $1,204/mo
Lewisburg, PA
$278,275
Avg rent: $1,565/mo
Continue Learning About Pennsylvania
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.