Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$169,444
$886

Housing Market Overview

Metric Lycoming County Pennsylvania Avg US Average
Median Home Price $169,444 $154,283 $242,182
Price Trend (Annual %) 12.1% 4.4% 8.2%
Median Gross Rent $886 $1,161 $1,342
Rent Trend (Annual %) 2.4% 4.4% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Lycoming County
Pennsylvania
United States
Year Lycoming County Pennsylvania United States
Median Rent Over Time
Lycoming County
Pennsylvania
United States
Year Lycoming County Pennsylvania United States

Affordability

On average, housing unit costs 2.6 yearly household incomes in Lycoming County.

Metric Lycoming County Pennsylvania Avg US Average
Median Home Price $169,444 $154,283 $242,182
Median Household Income $64,719 $76,231 $78,145
Price-to-Income Ratio 2.6 2.0 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Lycoming County Pennsylvania Avg US Average
Homeownership Rate 60.7% 62.8% 58.2%
Rental Rate 27.0% 27.8% 31.3%
Vacancy Rate 12.3% 9.4% 10.6%
Median Tenure (years) 17.0 17.0 15.0
Median Year Moved In 2009 2009 2011

Housing Stock

Metric Lycoming County Pennsylvania Avg US Average
Average Household Size 2.33 people 2.40 people 2.54 people
Median Structure Built Year 1963 1965 1978
Median Number of Rooms 5.9 6.0 5.5