Potter County, Pennsylvania Housing Market Prices
Potter 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 54% below the Pennsylvania median Cheaper than 83% of counties in Pennsylvania$69,994
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Median rent 33% below the Pennsylvania median Cheaper than 71% of counties in Pennsylvania$809
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Potter County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $69,994 | $152,469 | $248,835 |
| Price Trend (Annual %) | 4.3% | 3.7% | 7.5% |
| Median Gross Rent | $809 | $1,208 | $1,407 |
| Rent Trend (Annual %) | 3.1% | 4.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Potter County is about 54% lower than in Pennsylvania. Rent is about 33% lower 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 Potter County, up about 4.3% and 3.1% a year respectively. Home prices are changing faster.
Median rent in Potter County rose about 32.9% between 2015 and 2024, from $609 to $809. Over the same span, rent in Pennsylvania rose about 43.9%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Potter County.
Buying the median-priced home in Potter County costs roughly 7.2 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 Potter County. The price-to-rent ratio in Pennsylvania is about 10.5.
| Metric | Potter County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $69,994 | $152,469 | $248,835 |
| Median Household Income | $59,453 | $78,249 | $80,455 |
| Price-to-Income Ratio | 1.2 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Potter County fell about 11.3%, while median household income rose about 49.7% 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 | Potter County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 44.9% | 63.0% | 58.5% |
| Rental Rate | 11.5% | 27.9% | 31.2% |
| Vacancy Rate | 43.6% | 9.1% | 10.2% |
| Median Tenure (years) | 20.0 | 17.0 | 15.0 |
| Median Year Moved In | 2006 | 2009 | 2011 |
Potter County has a homeownership rate of 44.9%, lower than the Pennsylvania average of 63.0%. Its housing vacancy rate is 43.6%, compared with 9.1% in Pennsylvania.
Housing Stock
| Metric | Potter County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.39 people | 2.53 people |
| Median Structure Built Year | 1966 | 1966 | 1978 |
| Median Number of Rooms | 5.4 | 6.0 | 5.5 |
The typical housing unit in Potter County was built around 1966. On average, 2.3 people live in a home with about 5.4 rooms, staying for about 20.0 years on average.
Potter County, PA Housing Compared With Nearby Counties
Potter County, PA is the smallest of the 5 counties compared here, 16,191 residents against a local median of 40,419. Where Potter County, PA breaks from the counties next to it is median home price, sitting 46% below the local median of $128,629 at $69,994.
The counties themselves spread $116,934 on median home price, so Potter County, PA sits at one end of an already wide local range rather than apart from it. Potter County, PA has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Potter County, PA | 16,191 | $69,994 #4/5 | $809 #3/5 | 79.7% #1/5 |
| Allegany County, NY | 47,155 | $97,005 | $763 | 79.3% |
| Clinton County, PA | 37,796 | $160,252 | $820 | 72.3% |
| Tioga County, PA | 40,945 | $168,160 | $862 | 77.4% |
| McKean County, PA | 39,894 | $51,225 | $809 | 78.0% |
Frequently Asked Questions
Common questions about the housing market in Potter County, Pennsylvania.
What is the median home price in Potter County, Pennsylvania?
The median home price in Potter County, Pennsylvania is $69,994, lower than the Pennsylvania average of $152,469.
What is the average home price in Potter County, Pennsylvania?
The typical home price in Potter County, Pennsylvania, reported as the median sale price, is $69,994. 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 Potter County, Pennsylvania?
The median gross rent in Potter County, Pennsylvania is $809 per month, lower than the Pennsylvania average of $1,208.
What was the median gross rent in Potter County in 2020?
In 2020, the median gross rent in Potter County, Pennsylvania was $670 per month.
What is the price-to-rent ratio in Potter County, Pennsylvania?
The price-to-rent ratio in Potter County, Pennsylvania is about 7.2, meaning it would take roughly 7.2 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 Potter County.
Are home prices or rent rising faster in Potter County, Pennsylvania?
Both home prices and rent are rising in Potter County, up about 4.3% and 3.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Potter County, Pennsylvania?
44.9% of households in Potter County, Pennsylvania own their home, lower than the Pennsylvania average of 63.0%.
What is the vacancy rate in Potter County, Pennsylvania?
The housing vacancy rate in Potter County, Pennsylvania is 43.6%, higher than the Pennsylvania average of 9.1%.
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