Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Huntingdon County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $182,517 | $154,283 | $242,182 |
| Price Trend (Annual %) | 16.0% | 4.4% | 8.2% |
| Median Gross Rent | $794 | $1,161 | $1,342 |
| Rent Trend (Annual %) | 5.0% | 4.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Huntingdon County is about 18% higher than in Pennsylvania. Rent is about 32% lower than the Pennsylvania average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Huntingdon County, up about 16.0% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Huntingdon County rose about 43.4% between 2015 and 2023, from $554 to $794. Over the same span, rent in Pennsylvania rose about 38.3%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Huntingdon County.
Buying the median-priced home in Huntingdon County costs roughly 19.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Huntingdon County. The price-to-rent ratio in Pennsylvania is about 11.1.
| Metric | Huntingdon County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $182,517 | $154,283 | $242,182 |
| Median Household Income | $65,251 | $76,231 | $78,145 |
| Price-to-Income Ratio | 2.8 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Huntingdon County rose about 93.8%, while median household income rose about 59.1% between 2009 and 2023 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Huntingdon County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.2% | 62.8% | 58.2% |
| Rental Rate | 16.4% | 27.8% | 31.3% |
| Vacancy Rate | 23.4% | 9.4% | 10.6% |
| Median Tenure (years) | 20.0 | 17.0 | 15.0 |
| Median Year Moved In | 2006 | 2009 | 2011 |
Huntingdon County has a homeownership rate of 60.2%, lower than the Pennsylvania average of 62.8%. Its housing vacancy rate is 23.4%, compared with 9.4% in Pennsylvania.
Housing Stock
| Metric | Huntingdon County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.43 people | 2.40 people | 2.54 people |
| Median Structure Built Year | 1968 | 1965 | 1978 |
| Median Number of Rooms | 5.9 | 6.0 | 5.5 |
The typical housing unit in Huntingdon County was built around 1968. On average, 2.4 people live in a home with about 5.9 rooms, staying for about 20.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Huntingdon County, Pennsylvania.
What is the median home price in Huntingdon County, Pennsylvania?
The median home price in Huntingdon County, Pennsylvania is $182,517, higher than the Pennsylvania average of $154,283.
What is the average home price in Huntingdon County, Pennsylvania?
The typical home price in %s, reported as the median sale price, is %s. 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 Huntingdon County, Pennsylvania?
The median gross rent in Huntingdon County, Pennsylvania is $794 per month, lower than the Pennsylvania average of $1,161.
What was the median gross rent in Huntingdon County in 2020?
In 2020, the median gross rent in Huntingdon County, Pennsylvania was $686 per month.
What is the price-to-rent ratio in Huntingdon County, Pennsylvania?
The price-to-rent ratio in Huntingdon County, Pennsylvania is about 19.2, meaning it would take roughly 19.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Huntingdon County.
Are home prices or rent rising faster in Huntingdon County, Pennsylvania?
Both home prices and rent are rising in Huntingdon County, up about 16.0% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Huntingdon County, Pennsylvania?
60.2% of households in Huntingdon County, Pennsylvania own their home, lower than the Pennsylvania average of 62.8%.
What is the vacancy rate in Huntingdon County, Pennsylvania?
The housing vacancy rate in Huntingdon County, Pennsylvania is 23.4%, higher than the Pennsylvania average of 9.4%.