Hapco Philadelphia’s partners at Point2.com take a look at how quickly home prices doubled in Pennsylvania.
As home prices continued to soar in many parts of the country, Point2 finds that Pennsylvania remained somewhat shielded as rates in its largest cities appreciated at a more measured pace.
They looked at the largest U.S. cities to see where home prices doubled the fastest, and here’s what caught their eye for Pennsylvania:
- Home prices in Pittsburgh doubled in over 10 years, to reach today’s average price of $222,433;
- Philadelphia homes took nearly 19 years to double in price, reflecting a very slow increase from $107,000 in 2005 to nowadays’ $215,000.
For a deep dive into the complete data set, including interactive visuals, check out the link below: