Pennsylvania Mortgage Guide

Complete Pennsylvania mortgage guide with median home prices, property tax rates, denial rates, and down payment assistance programs for 2026.

In Pennsylvania, the median home price is $281,493 and median household income is $73,824. The mortgage denial rate for home purchases is 8.65% according to 2025 HMDA data. 4 down payment assistance programs are available, including Keystone Advantage Assistance Loan (Up to 4% of purchase price or $6,000 (whichever is less) at 0% interest, amortized over 10 years.).

Pennsylvania at a Glance

$281,493
Median Home Price
$73,824
Median Income
8.65%
Denial Rate
12,972,008
Population

Median prices based on 2025 FHFA data. Income from 2024 Census ACS. Denial rates from 2025 HMDA data.

Mortgage Calculator for Pennsylvania

Estimate your monthly payment with the interactive Pennsylvania mortgage calculator. Includes property taxes, mortgage insurance, and down payment assistance programs.

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Mortgage Denial Rates in Pennsylvania

In 2025 Home Mortgage Disclosure Act (HMDA) data for home purchases, Pennsylvania logged 169,202 final-action applications. The mortgage denial rate was 8.65% and the originated share was 73.07%.

These figures show aggregated market outcomes, not an individual buyer's approval odds. Use these figures as context, not a prediction.

Down Payment Assistance Programs in Pennsylvania

Keystone Advantage Assistance Loan

Pennsylvania Housing Finance Agency (PHFA)

Up to 4% of purchase price or $6,000 (whichever is less) at 0% interest, amortized over 10 years.

K-FIT (Keystone Forgivable in Ten Years)

PHFA

5% of purchase price (no max dollar limit) as a second mortgage forgiven 10% per year over 10 years.

K-DATE (Keystone Due At Time of Expiration)

PHFA

5-8% of purchase price as a 0% interest deferred second mortgage with no monthly payments; due at sale, refinance, or payoff.

Keystone Advantage Assistance

PHFA

Loan up to 4% of purchase price for down payment and closing costs; repayable over 10 years at zero interest.

Pennsylvania County Calculators

These calculators use local tax and benefit data for each county.

Allegheny County

Denial: 6.85% · Tax: 2.01% · 1 DPA programs

Bucks County

Denial: 7.63% · Tax: 1.60% · 1 DPA programs

Chester County

Denial: 6.15% · Tax: 1.40% · 1 DPA programs

Delaware County

Denial: 6.86% · Tax: 2.10% · 1 DPA programs

Lancaster County

Denial: 9.02% · Tax: 1.60% · 1 DPA programs

Montgomery County

Denial: 5.79% · Tax: 1.70% · 1 DPA programs

Philadelphia County

Denial: 8.64% · Tax: 1.40% · 1 DPA programs

Pennsylvania City Calculators

These calculators include local taxes, closing costs, and assistance programs for each city.

Lancaster

Lancaster County

Tax: 1.60% · 1 DPA programs

Philadelphia

Philadelphia County

Tax: 1.40% · 1 DPA programs

Pittsburgh

Allegheny County

Tax: 2.01% · 1 DPA programs

Pennsylvania Mortgage FAQ

What is the median home price in Pennsylvania?

The median home price in Pennsylvania is approximately $281,000 as of 2025, based on FHFA housing price index data.

Does Pennsylvania have down payment assistance programs?

Yes. PHFA offers Keystone Advantage (up to 4% or $6,000 at 0%), K-FIT (5% forgiven over 10 years), and K-DATE (5-8% deferred with no monthly payments).

What is the mortgage denial rate in Pennsylvania?

The statewide mortgage denial rate for home purchases in Pennsylvania is 8.65% based on 2025 HMDA data.

How do Pennsylvania property taxes compare to other states?

Pennsylvania has moderate to high property taxes, averaging around 1.36%, above the national average. Homestead and Farmstead reductions are available in most counties.

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