Doug Whiteman By Doug Whiteman

Thanks to low mortgage rates, it's an excellent time to buy or sell a home across the U.S. But what about in Pennsylvania?

Is the state's housing market too pricey for buyers? Not-so-great if you've got a home you want to sell? Or just right — for everybody?

Home values provide some answers. They indicate that the market in Pennsylvania is heating up, according to Zillow, though you might find vast differences from one city or one corner of the state to the next.

Current home values in Pennsylvania

Home values have been rising throughout Pennsylvania and are up 3.35% from a year ago.

Statewide, the median value for a single-family home — meaning half are worth more, half are worth less — is currently $175,600 , Zillow says.

Could you afford that? Let's say you want to buy that mid-priced home using a 30-year fixed-rate mortgage at this week's average interest rate, which is a low 3.69%, says mortgage company Freddie Mac.

With the 30-year mortgage rate at 3.69% and the median home value for Pennsylvania at $175,600 , a representative monthly mortgage payment would be $807.26.

How the Pennsylvania housing market stacks up

View of Main Street in Shrewsbury, Pennsylvania
Jon Bilous / Shutterstock
View of Main Street in Shrewsbury, Pennsylvania

Property values in Pennsylvania are high by historical standards and are lower than what the typical house is worth nationwide.

The median home value throughout the U.S. is $229,600, which is up 4.88% from a year ago.

Zillow predicts U.S. home values will rise 2.2% over the next year, while in Pennsylvania, they're expected to rise 1.09%.

Homes are going on the market in Pennsylvania at a median price of $123 per square foot, versus $155 per square foot nationwide.

Are you looking to buy? Take a look at today's best mortgage rates where you live.

Pennsylvania home prices over the last 10 years

Year Avg. Price
2019* $173,950
2018 $168,367
2017 $158,358
2016 $150,583
2015 $145,908
2014 $142,700
2013 $140,125
2012 $138,425
2011 $141,492
2010 $147,792
2009 $149,442

*2019 price average through August 2019.

How much for an average-sized home?

Here's what a 2,500-square-foot home in Pennsylvania is worth now, and how that's changed over the last decade, based on the Zillow Home Value Index.

Year Avg. Price
2019* $307,500
2018 $295,000
2017 $280,000
2016 $265,000
2015 $257,500
2014 $250,000
2013 $247,500
2012 $242,500
2011 $247,500
2010 $260,000
2009 $260,000

*2019 price average through August 2019.