July 22, 2026

— Jeff Ward, Lehigh Valley News Briefs

The median price of a Pennsylvania hit $340,000 in June, a new high, according to the Pennsylvania Association of Realtors.

The median price was $320,000 in June 2025, 6% lower, according to the Realtors. The median price is the midpoint, with half of homes having a lower price and half at a higher price.

“When home values reach new highs, it typically reflects a combination of steady buyer demand, limited housing inventory and confidence in real estate as a long-term investment,” said Pennsylvania Association of Realtors (PAR) President David Dean.

What that median price means for a lot of people is that housing, at least where they want to live, is out of reach.

PAR said 45,870 homes were listed in June and more than 13,000 were sold.

Here’s a link to the Realtors’ statement and below is a cut-and-paste version:

Pennsylvania Housing Market Hits Another Milestone Price

Jul. 22, 2026

Lemoyne, PA – The Pennsylvania median home sales price jumped to $340,000 in June, marking another high, according to the latest housing report prepared for the Pennsylvania Association of Realtors®. Home prices have increased since January, and we are up just over 6% compared to June 2025, when the median price was $320,000.

“When home values reach new highs, it typically reflects a combination of steady buyer demand, limited housing inventory and confidence in real estate as a long-term investment,” said PAR’s 2026 President David Dean, a Realtor® with Howard Hanna Real Estate Services in the Pittsburgh region. “Ultimately, the increases we’re seeing in home prices show that housing remains a valuable asset.”

The market saw an increase in sales, both month-over-month and year-over-year, with more than 13,000 sales in June. Sales were up more than 19% compared to May this year and were up 3% compared to the same time last year.

There were 45,870 listings on the market in June, up slightly from the previous month, but down about 3% year-over-year.

“For homeowners, these strong prices help build equity, strengthen household wealth and provide financial flexibility,” Dean said. “These higher prices reflect that housing remains a highly desired asset and that prospective buyers will need to plan and prepare for buying a home. Working with a real estate professional can help them accomplish their dreams of owning a home.”