Pennsylvania
Local Housing Market · Zillow ZHVI · May 2026
$289,277
Typical Home Value
▲ 2.4% YoY ▲ 0.09% MoM
6.49%
30Y Mortgage Rate
PMMS · Jul 09, 2026
26bps
YoY Rate Change
▼ Lower than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Pennsylvania Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$289,277
▲ 2.4% YoY
Month-over-Month
▲ 0.09% MoM
May 2026
Data Period
May 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.49%
PMMS · Jul 09, 2026
15Y Fixed
5.82%
PMMS · Jul 09, 2026
1yr Ago 30Y
6.75%
▼ Rates lower 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 · June 2026
• Inventory is up 7.6% YoY and listing prices are softening 1.2% YoY with 15.7% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 44 days — a moderate-paced market. Pending ratio is 0.78 — strong buyer demand, expect competitive purchase timelines.
• New listings are increasing 8.4% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$325,000
▼ 1.2% YoY
Median Days on Market
44d
0d YoY
Active Listings
25,029
▲ 7.6% YoY
New Listings
15,324
▲ 8.4% YoY
Price Reduced Share
15.7%
of active listings
Pending Ratio
0.78
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) · June 2026
Lancaster
▼ COOLING
National rank #9
Median Price
$429,900
Median DOM
24d
Demand score 93/100
Reading
▼ COOLING
National rank #14
Median Price
$349,900
Median DOM
24d
Demand score 88/100
Erie
▼ COOLING
National rank #19
Median Price
$239,900
Median DOM
36d
Demand score 99/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply