Penn Wynne's January First-Time Homebuyer Report

The population of Penn Wynne is very affluent compared to others in Pennsylvania with a median income of $96,896 per household. It's also considered a very expensive city in terms of affordability with a cost of living adjustment score of 141.3. Penn Wynne is made up of homes that are older than most with a median of 60 years. Heading the list of top schools in the city is Penn Wynne School.

Price Range

Some of the more expensive homes in Pennsylvania are in Penn Wynne with a median home value of $326,500 and an average list price for available homes currently at $438,824. Despite a 25.0% improvement in sales numbers this week to reach five homes over the last 30 days, the Penn Wynne market still shows a solid trend downward overall.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Penn Wynne:

$449K   $374K   $1.6M  

Typical Dwelling

The typical dwelling in Penn Wynne is a three-bedroom detached home worth about $380,355. To purchase a similar home, a buyer with good credit and a $76,071 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,672 monthly payment. The property tax rate is $16.80 per $1,000 of taxable assessed value.

Get started right now by checking out Penn Wynne homes for sale or reviewing Penn Wynne real estate trends.


Data reported through 1/12/2017

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