Berks County, Pennsylvania Housing Market

In Berks County, Pennsylvania, the median home value is $257,300, with a median monthly rent of $1,181. This places Berks County at #854 nationally out of 3134 counties by median home value, and #14 within Pennsylvania.

Median Home Value $257,300
Median Rent $1,181/mo
Owner Occupancy 71.3%
Price/Rent Ratio 18.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Berks County rose +5.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

156,141
jobs (private sector)
  • Avg weekly wage: $1,263
  • Establishments: 8,535
  • BLS QCEW, 2025
🏗️

Housing Supply

582
new units authorized (2025)
  • Single-family: 335
  • Multi-family: 247
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+4100
net migration (filers, 2021-2022)
  • Inflow: 183,863 (avg $79,592)
  • Outflow: 179,763 (avg $80,063)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Berks County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 19602 401.7 +21.38% 2025
2 19562 317.7 +20.15% 2025
3 19555 295.7 +17.27% 2025
4 19507 272.5 +5.34% 2025
5 19547 273.1 +10.53% 2025
6 17067 301.1 +24.93% 2025
7 19611 354.5 +8.81% 2025
8 19601 375.0 +3.72% 2025
9 19526 272.1 +13.58% 2025
10 17555 279.5 +4.66% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Berks County Compares

MetricBerks CountyPennsylvania AverageU.S. Average
Median Home Value $257,300 $212,079 $227,706
Median Gross Rent $1,181 $990 $968
Owner Occupancy Rate 71.3% 74.2% 73.3%
Price/Rent Ratio 18.2 17.5 18.7

Market Analysis

The median home value in Berks County is 21.3% above the Pennsylvania state average and 13.0% above the U.S. national average. The median rent of $1,181/month is 19.3% above the state average.

With a price-to-rent ratio of 18.2, the buy-vs-rent decision in Berks County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Berks County has an owner-occupancy rate of 71.3%, compared to 74.2% in Pennsylvania and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Escambia County Florida $257,200 $1,321
La Crosse County Wisconsin $257,000 $1,059
Waldo County Maine $257,700 $1,021
Pickaway County Ohio $256,800 $1,020
Dinwiddie County Virginia $257,800 $1,224

Other Counties in Pennsylvania

CountyMedian Home ValueMedian RentOwner Occ.
Franklin County $249,800 $1,093 73.5%
York County $248,600 $1,193 76.3%
Montour County $248,100 $1,142 68.5%
Monroe County $267,600 $1,393 80.2%
Adams County $268,500 $1,115 78.9%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).