Pennsylvania
Local Housing Market · Zillow ZHVI · July 2026
$290,552
Typical Home Value
▲ 2.4% YoY ▲ 0.21% MoM
6.65%
30Y Mortgage Rate
PMMS · Aug 20, 2026
9bps
YoY Rate Change
▲ Higher than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Pennsylvania Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$290,552
▲ 2.4% YoY
Month-over-Month
▲ 0.21% MoM
July 2026
Data Period
July 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.65%
PMMS · Aug 20, 2026
15Y Fixed
5.95%
PMMS · Aug 20, 2026
1yr Ago 30Y
6.56%
▲ Rates higher now
30Y/10Y Spread
195bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Pennsylvania
Market Indicators
REALTOR.COM🏦 LO Market Signal · July 2026
• Inventory is up 10.3% YoY and listing prices are softening 1.1% YoY with 17.3% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 46 days — a moderate-paced market. Pending ratio is 0.69 — strong buyer demand, expect competitive purchase timelines.
• New listings are roughly flat 1.7% YoY. Seller activity is stable.
Median Listing Price
$321,350
▼ 1.1% YoY
Median Days on Market
46d
0d YoY
Active Listings
26,371
▲ 10.3% YoY
New Listings
13,980
▼ 1.7% YoY
Price Reduced Share
17.3%
of active listings
Pending Ratio
0.69
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Pennsylvania
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · July 2026
Erie
STABLE
National rank #4
Median Price
$228,999
Median DOM
33d
Demand score 98/100
Lancaster
▼ COOLING
National rank #5
Median Price
$407,675
Median DOM
28d
Demand score 94/100
Reading
▼ COOLING
National rank #20
Median Price
$337,550
Median DOM
30d
Demand score 84/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply