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 | Juniata County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $168,749 | $154,283 | $242,182 |
| Price Trend (Annual %) | 7.8% | 4.4% | 8.2% |
| Median Gross Rent | $729 | $1,161 | $1,342 |
| Rent Trend (Annual %) | 3.0% | 4.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Juniata County is about 9% higher than in Pennsylvania. Rent is about 37% 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 Juniata County, up about 7.8% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Juniata County rose about 24.4% between 2015 and 2023, from $586 to $729. Over the same span, rent in Pennsylvania rose about 38.3%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Juniata County.
Buying the median-priced home in Juniata County costs roughly 19.3 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 Juniata County. The price-to-rent ratio in Pennsylvania is about 11.1.
| Metric | Juniata County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $168,749 | $154,283 | $242,182 |
| Median Household Income | $64,574 | $76,231 | $78,145 |
| Price-to-Income Ratio | 2.6 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Juniata County rose about 28.6%, while median household income rose about 50.1% between 2009 and 2023 — 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 | Juniata County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.2% | 62.8% | 58.2% |
| Rental Rate | 22.8% | 27.8% | 31.3% |
| Vacancy Rate | 15.0% | 9.4% | 10.6% |
| Median Tenure (years) | 20.0 | 17.0 | 15.0 |
| Median Year Moved In | 2006 | 2009 | 2011 |
Juniata County has a homeownership rate of 62.2%, lower than the Pennsylvania average of 62.8%. Its housing vacancy rate is 15.0%, compared with 9.4% in Pennsylvania.
Housing Stock
| Metric | Juniata County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.59 people | 2.40 people | 2.54 people |
| Median Structure Built Year | 1970 | 1965 | 1978 |
| Median Number of Rooms | 5.8 | 6.0 | 5.5 |
The typical housing unit in Juniata County was built around 1970. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 20.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Juniata County, Pennsylvania.
What is the median home price in Juniata County, Pennsylvania?
The median home price in Juniata County, Pennsylvania is $168,749, higher than the Pennsylvania average of $154,283.
What is the average home price in Juniata 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 Juniata County, Pennsylvania?
The median gross rent in Juniata County, Pennsylvania is $729 per month, lower than the Pennsylvania average of $1,161.
What was the median gross rent in Juniata County in 2020?
In 2020, the median gross rent in Juniata County, Pennsylvania was $683 per month.
What is the price-to-rent ratio in Juniata County, Pennsylvania?
The price-to-rent ratio in Juniata County, Pennsylvania is about 19.3, meaning it would take roughly 19.3 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 Juniata County.
Are home prices or rent rising faster in Juniata County, Pennsylvania?
Both home prices and rent are rising in Juniata County, up about 7.8% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Juniata County, Pennsylvania?
62.2% of households in Juniata County, Pennsylvania own their home, lower than the Pennsylvania average of 62.8%.
What is the vacancy rate in Juniata County, Pennsylvania?
The housing vacancy rate in Juniata County, Pennsylvania is 15.0%, higher than the Pennsylvania average of 9.4%.