Historical data
Pick an indicator to see its long-run evolution.
Median home value
1990–2024Nominal median value of owner-occupied homes.
Home Prices
Sale prices across Pennsylvania markets.
FHFA House Price Index
1975–2025FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (PASTHPI).
| Indicator | Pennsylvania | U.S. |
|---|---|---|
| Median sale price2024, NAR | $265,000 | $412,000 |
Median Home Value
Typical home value in Pennsylvania.
Median value of owner-occupied homes
2008–2024Census American Community Survey 1-year estimates, B25077 (2020 not released).
| Indicator | Pennsylvania | U.S. |
|---|---|---|
| Median home value2024, Zillow/ACS | $253,000 | $340,000 |
Rent Prices
Rental costs in Pennsylvania.
Rent of primary residence index (Philadelphia–Camden–Wilmington)
2006–2025BLS CPI-U, Philadelphia–Camden–Wilmington, annual average (CUURS12BSEHA).
| Indicator | Pennsylvania | U.S. |
|---|---|---|
| Median gross rent2023, ACS | $1,150 | $1,406 |
Housing Inventory
Housing stock in Pennsylvania.
Total housing units
2008–2024Census American Community Survey 1-year estimates, B25001 (2020 not released).
Vacant housing units
2008–2024Census American Community Survey 1-year estimates, B25002 (2020 not released).
| Indicator | Pennsylvania | U.S. |
|---|---|---|
| Share of homes built before 19802023, ACS | 68% | 51% |
Building Permits
New residential construction in Pennsylvania.
New private housing units authorized
1988–2025Census Building Permits Survey, sum of 12 months (FRED PABPPRIV).
| Indicator | Pennsylvania | U.S. |
|---|---|---|
| Permits per 1,000 residents2023, Census | 2.0 | 4.2 |
Homeownership Rate
Share of Pennsylvania households that own their home.
Homeownership rate (CPS/HVS)
1984–2025Census Housing Vacancy Survey, annual (FRED PAHOWN).
| Indicator | Pennsylvania | U.S. |
|---|---|---|
| Homeownership rate2023, Census | 69.4% | 65.2% |
Housing Affordability
How affordable housing is in Pennsylvania.
Housing price level vs U.S. (RPP rents)
2008–2024BEA Regional Price Parities, housing services (SARPP line 3).
| Indicator | Pennsylvania | U.S. |
|---|---|---|
| Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities | 85.1 | 100 |
| Home price to income ratio2024, ACS/Zillow | 3.5 | 4.4 |
Vacancy Rate
Empty homes in Pennsylvania.
Rental vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED PARVAC).
Homeowner vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED PAHVAC).
| Indicator | Pennsylvania | U.S. |
|---|---|---|
| Overall vacancy rate2023, Census | 9.6% | 10.4% |