Easton, Pennsylvania Housing Market Prices
Easton 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 19% below the Pennsylvania median$124,215
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Median rent 10% above the Pennsylvania median$1,326
Housing Market Overview
| Metric | Easton | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $124,215 | $152,469 | $248,835 |
| Price Trend (Annual %) | 9.2% | 3.7% | 7.5% |
| Median Gross Rent | $1,326 | $1,208 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 4.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Easton is about 19% lower than in Pennsylvania. Rent is about 10% 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 Easton, up about 9.2% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Easton rose about 45.2% between 2015 and 2024, from $913 to $1,326. Over the same span, rent in Pennsylvania rose about 43.9%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in Easton.
Buying the median-priced home in Easton costs roughly 7.8 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 Easton. The price-to-rent ratio in Pennsylvania is about 10.5.
| Metric | Easton | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $124,215 | $152,469 | $248,835 |
| Median Household Income | $67,997 | $78,249 | $80,455 |
| Price-to-Income Ratio | 1.8 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Easton rose about 35.2%, while median household income rose about 54.7% 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 | Easton | Pennsylvania Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 40.8% | 63.0% | 58.5% |
| Rental Rate | 50.3% | 27.9% | 31.2% |
| Vacancy Rate | 9.0% | 9.1% | 10.2% |
| Median Tenure (years) | 11.0 | 17.0 | 15.0 |
| Median Year Moved In | 2015 | 2009 | 2011 |
Easton has a homeownership rate of 40.8%, lower than the Pennsylvania average of 63.0%. Its housing vacancy rate is 9.0%, compared with 9.1% in Pennsylvania.
Housing Stock
| Metric | Easton | Pennsylvania Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.46 people | 2.39 people | 2.53 people |
| Median Structure Built Year | 1944 | 1966 | 1978 |
| Median Number of Rooms | 5.4 | 6.0 | 5.5 |
The typical housing unit in Easton was built around 1944. On average, 2.5 people live in a home with about 5.4 rooms, staying for about 11.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Easton, Pennsylvania.
What is the median home price in Easton, Pennsylvania?
The median home price in Easton, Pennsylvania is $124,215, lower than the Pennsylvania average of $152,469.
What is the average home price in Easton, Pennsylvania?
The typical home price in Easton, Pennsylvania, reported as the median sale price, is $124,215. 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 Easton, Pennsylvania?
The median gross rent in Easton, Pennsylvania is $1,326 per month, higher than the Pennsylvania average of $1,208.
What was the median gross rent in Easton in 2020?
In 2020, the median gross rent in Easton, Pennsylvania was $1,023 per month.
What is the price-to-rent ratio in Easton, Pennsylvania?
The price-to-rent ratio in Easton, Pennsylvania is about 7.8, meaning it would take roughly 7.8 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 Easton.
Are home prices or rent rising faster in Easton, Pennsylvania?
Both home prices and rent are rising in Easton, up about 9.2% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Easton, Pennsylvania?
40.8% of households in Easton, Pennsylvania own their home, lower than the Pennsylvania average of 63.0%.
What is the vacancy rate in Easton, Pennsylvania?
The housing vacancy rate in Easton, Pennsylvania is 9.0%, lower than the Pennsylvania average of 9.1%.
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