Bucks County, Pennsylvania Housing Market Prices
Bucks County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 63% above the Pennsylvania median Among the 5 most expensive counties in Pennsylvania$248,394
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Median rent 33% above the Pennsylvania median Among the 3 most expensive counties in Pennsylvania$1,605
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Bucks County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $248,394 | $152,469 | $248,835 |
| Price Trend (Annual %) | 0.9% | 3.7% | 7.5% |
| Median Gross Rent | $1,605 | $1,208 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 4.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bucks County is about 63% higher than in Pennsylvania. Rent is about 33% higher than the Pennsylvania average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bucks County, up about 0.9% and 4.4% a year respectively. Rent is changing faster.
Median rent in Bucks County rose about 41.2% between 2015 and 2024, from $1,137 to $1,605. Over the same span, rent in Pennsylvania rose about 43.9%.
Affordability
On average, housing unit costs 2.1 yearly household incomes in Bucks County.
Buying the median-priced home in Bucks County costs roughly 12.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Bucks County. The price-to-rent ratio in Pennsylvania is about 10.5.
| Metric | Bucks County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $248,394 | $152,469 | $248,835 |
| Median Household Income | $115,660 | $78,249 | $80,455 |
| Price-to-Income Ratio | 2.1 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bucks County rose about 6.8%, while median household income rose about 50.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bucks County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.4% | 63.0% | 58.5% |
| Rental Rate | 21.5% | 27.9% | 31.2% |
| Vacancy Rate | 3.1% | 9.1% | 10.2% |
| Median Tenure (years) | 18.0 | 17.0 | 15.0 |
| Median Year Moved In | 2008 | 2009 | 2011 |
Bucks County has a homeownership rate of 75.4%, higher than the Pennsylvania average of 63.0%. Its housing vacancy rate is 3.1%, compared with 9.1% in Pennsylvania.
Housing Stock
| Metric | Bucks County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.56 people | 2.39 people | 2.53 people |
| Median Structure Built Year | 1973 | 1966 | 1978 |
| Median Number of Rooms | 6.7 | 6.0 | 5.5 |
The typical housing unit in Bucks County was built around 1973. On average, 2.6 people live in a home with about 6.7 rooms, staying for about 18.0 years on average.
Bucks County, PA Housing Compared With Nearby Counties
Bucks County, PA is the 3rd largest of the 6 counties compared here, 647,283 residents against a local median of 385,681. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Bucks County, PA an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is homeownership, 9% above the local median at 77.8% against 71.1%. Bucks County, PA has the 2nd highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bucks County, PA | 647,283 | $248,394 #3/6 | $1,605 #4/6 | 77.8% #2/6 |
| Montgomery County, PA | 867,535 | $273,761 | $1,683 | 71.4% |
| Hunterdon County, NJ | 130,145 | $292,762 | $1,686 | 85.1% |
| Philadelphia County, PA | 1,579,069 | $209,765 | $1,396 | 51.8% |
| Mercer County, NJ | 385,681 | $246,616 | $1,622 | 62.2% |
| Northampton County, PA | 318,250 | $213,097 | $1,395 | 71.1% |
Frequently Asked Questions
Common questions about the housing market in Bucks County, Pennsylvania.
What is the median home price in Bucks County, Pennsylvania?
The median home price in Bucks County, Pennsylvania is $248,394, higher than the Pennsylvania average of $152,469.
What is the average home price in Bucks County, Pennsylvania?
The typical home price in Bucks County, Pennsylvania, reported as the median sale price, is $248,394. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bucks County, Pennsylvania?
The median gross rent in Bucks County, Pennsylvania is $1,605 per month, higher than the Pennsylvania average of $1,208.
What was the median gross rent in Bucks County in 2020?
In 2020, the median gross rent in Bucks County, Pennsylvania was $1,252 per month.
What is the price-to-rent ratio in Bucks County, Pennsylvania?
The price-to-rent ratio in Bucks County, Pennsylvania is about 12.9, meaning it would take roughly 12.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Bucks County.
Are home prices or rent rising faster in Bucks County, Pennsylvania?
Both home prices and rent are rising in Bucks County, up about 0.9% and 4.4% a year respectively. Rent is changing faster.
What is the homeownership rate in Bucks County, Pennsylvania?
75.4% of households in Bucks County, Pennsylvania own their home, higher than the Pennsylvania average of 63.0%.
What is the vacancy rate in Bucks County, Pennsylvania?
The housing vacancy rate in Bucks County, Pennsylvania is 3.1%, lower than the Pennsylvania average of 9.1%.
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