Current Trends: September 2025
- Prices and Sales Activity: The median home price in Pennsylvania is approximately $307,300, reflecting a steady year-over-year increase. However, the market is stabilizing, with more homes for sale and slightly longer days on market compared to the past year.
- Inventory Growth: Inventory levels are at their highest this year, with nearly 39,000 active listings. This increase provides buyers with more choices and reduces competitive pressure in many areas.
- Market Balance: While Pennsylvania remains competitive in hot regions like Reading and York, the overall trend is shifting toward a more balanced market, offering negotiation opportunities for buyers.
Mortgage Rates: As of today, expect around 6.4% to 6.7% for 30-year fixed, and 5.5% to 5.6% for 15-year fixed, depending on lender and APR factors. Adjustable rates (like 5-year ARM) are notably higher.
Housing Market: Eastern PA, particularly Lehigh Valley, shows robust demand, surging prices, and very fast sales. The broader Pennsylvania market is seeing more listings and price gains, though sales velocity is a bit slower and cancellations are becoming more common.
If you’re considering buying or selling this season, let’s schedule a time to discuss strategies tailored to your needs. Feel free to reach out with any questions or to begin your next real estate journey.
These rates can vary depending on factors like credit score, loan type, down payment, and lender. It’s a good idea to compare offers from different lenders to find the best rate for your situation. Additionally, rates for government-backed loans like FHA and VA loans might be slightly lower【8†source】【9†source】.