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Pennsylvania home prices rise 5.2% while sales decline in March
Listen to this articleMarch saw a slight uptick in home prices across Pennsylvania.
The Pennsylvania Association of Realtors reported a 5.2% increase in prices over March of last year. The median home sale price at $300,000. That figure was also up 4% from February.
Meanwhile the number of sales fell 9.7% compared to the same time last year, hitting over 8,100 in March. However, sales did increase more than 20% from February.
“We’re seeing a reserved spring boost for the market with more sales in March compared to February,” said PAR’s 2026 President David Dean. “The jump in price signals a steady demand, as well as the inventory shortfall the commonwealth continues to see.”
Housing inventory remains tight. While it rose compared to last month, it remains below levels from this time last year.
There were over 37,200 homes listed on the market in March, up more than 9% from the previous month, yet down that same percentage from March 2025.
“The housing market is showing signs of gradual adjustment, with modest price growth and a slight increase in listings month over month. However, inventory is still trailing last year’s levels, reflecting a market that remains tight but is slowly finding balance,” Dean said.
