Susquehanna County, Pennsylvania Housing Market Prices
Susquehanna 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 4% above the Pennsylvania median$157,852
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Median rent 23% below the Pennsylvania median$933
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Susquehanna County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $157,852 | $152,469 | $248,835 |
| Price Trend (Annual %) | 5.8% | 3.7% | 7.5% |
| Median Gross Rent | $933 | $1,208 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Susquehanna County is about 4% higher than in Pennsylvania. Rent is about 23% 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 Susquehanna County, up about 5.8% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Susquehanna County rose about 30.6% between 2015 and 2024, from $714 to $933. Over the same span, rent in Pennsylvania rose about 43.9%.
Affordability
On average, housing unit costs 2.3 yearly household incomes in Susquehanna County.
Buying the median-priced home in Susquehanna County costs roughly 14.1 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 Susquehanna County. The price-to-rent ratio in Pennsylvania is about 10.5.
| Metric | Susquehanna County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $157,852 | $152,469 | $248,835 |
| Median Household Income | $68,983 | $78,249 | $80,455 |
| Price-to-Income Ratio | 2.3 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Susquehanna County rose about 104.0%, while median household income rose about 58.9% between 2009 and 2025 — 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 | Susquehanna County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.0% | 63.0% | 58.5% |
| Rental Rate | 15.6% | 27.9% | 31.2% |
| Vacancy Rate | 27.3% | 9.1% | 10.2% |
| Median Tenure (years) | 21.0 | 17.0 | 15.0 |
| Median Year Moved In | 2005 | 2009 | 2011 |
Susquehanna County has a homeownership rate of 57.0%, lower than the Pennsylvania average of 63.0%. Its housing vacancy rate is 27.3%, compared with 9.1% in Pennsylvania.
Housing Stock
| Metric | Susquehanna County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.39 people | 2.53 people |
| Median Structure Built Year | 1972 | 1966 | 1978 |
| Median Number of Rooms | 5.9 | 6.0 | 5.5 |
The typical housing unit in Susquehanna County was built around 1972. On average, 2.4 people live in a home with about 5.9 rooms, staying for about 21.0 years on average.
Susquehanna County, PA Housing Compared With Nearby Counties
Susquehanna County, PA is the 5th largest of the 6 counties compared here, 38,203 residents against a local median of 51,259. Susquehanna County, PA's median home price, at $157,852, runs 23% above the $127,976 typical of the counties around it.
The counties themselves spread $184,410 on median home price, so Susquehanna County, PA sits at one end of an already wide local range rather than apart from it. Susquehanna County, PA has the 2nd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Susquehanna County, PA | 38,203 | $157,852 #2/6 | $933 #5/6 | 78.5% #3/6 |
| Broome County, NY | 197,289 | $110,767 | $941 | 64.5% |
| Wyoming County, PA | 25,938 | $270,836 | $942 | 77.9% |
| Lackawanna County, PA | 216,127 | $127,976 | $1,007 | 65.4% |
| Wayne County, PA | 51,259 | $153,572 | $1,038 | 80.5% |
| Tioga County, NY | 47,858 | $86,426 | $928 | 79.1% |
Frequently Asked Questions
Common questions about the housing market in Susquehanna County, Pennsylvania.
What is the median home price in Susquehanna County, Pennsylvania?
The median home price in Susquehanna County, Pennsylvania is $157,852, higher than the Pennsylvania average of $152,469.
What is the average home price in Susquehanna County, Pennsylvania?
The typical home price in Susquehanna County, Pennsylvania, reported as the median sale price, is $157,852. 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 Susquehanna County, Pennsylvania?
The median gross rent in Susquehanna County, Pennsylvania is $933 per month, lower than the Pennsylvania average of $1,208.
What was the median gross rent in Susquehanna County in 2020?
In 2020, the median gross rent in Susquehanna County, Pennsylvania was $761 per month.
What is the price-to-rent ratio in Susquehanna County, Pennsylvania?
The price-to-rent ratio in Susquehanna County, Pennsylvania is about 14.1, meaning it would take roughly 14.1 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 Susquehanna County.
Are home prices or rent rising faster in Susquehanna County, Pennsylvania?
Both home prices and rent are rising in Susquehanna County, up about 5.8% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Susquehanna County, Pennsylvania?
57.0% of households in Susquehanna County, Pennsylvania own their home, lower than the Pennsylvania average of 63.0%.
What is the vacancy rate in Susquehanna County, Pennsylvania?
The housing vacancy rate in Susquehanna County, Pennsylvania is 27.3%, higher than the Pennsylvania average of 9.1%.
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