Pennsylvania Median Home Prices and Sales Volume Decline in September
The Pennsylvania housing market experienced a cooling trend in September, characterized by a 4.5% month-over-month decline in the median home sales price to $315,000. While prices remain up 6% compared to the previous year, total home sales fell by 10% from August and nearly 9.5% compared to September 2025. Inventory levels showed signs of growth with listings rising 1.6% month-over-month to 46,549. Industry experts suggest that the combination of lower prices and increasing inventory may be shifting the market toward a more balanced state for buyers, though high mortgage rates continue to impact overall affordability and purchasing power.
Topics: home prices housing market inventory levels Pennsylvania economy real estate trends
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