Pa. Home Prices See 6.5% Annual Increase as Inventory Continues to Rise

The median home sales price rose 6.5% year over year in June, showing the continued strength and resilience of Pennsylvania’s housing market. This has marked a period of steady appreciation in prices.

The median home sales price escalated to an all-time high of $325,000 in June, compared to $305,000 last June, according to a report prepared for the Pennsylvania Association of Realtors®.

The number of listings on the market also climbed 9% year over year, increasing to 41,600 in June 2025, compared to 38,100 the same time last year. The increase in available homes comes after a prolonged period of historically low inventory, which contributed to strong price growth throughout 2023 and early 2024.

The continued growth in inventory levels and prices is a positive sign for the market. It shows our clients that purchasing a home is a great wealth-building investment.

Home sales also increased 8% last month compared to June 2024. There were more than 11,850 home sales last month, up from 10,938.

Inventory levels hit 4.32 months, gradually increasing compared to May, steadily moving toward a balanced level of six months. The level is up 7.5% from June 2024. The report shows that the lowest inventory levels are properties priced between $125,000 and $374,999. We’re seeing the most balanced inventory levels with homes priced between $750,000 and $999,999.

As inventory rises, we all anticipate a gradual return to a more balanced market where both buyers and sellers can make decisions with greater confidence. And we know that working with a knowledgeable Realtor® continues to be essential in navigating this evolving landscape.