Bucks County, Pennsylvania Housing Market

In Bucks County, Pennsylvania, the median home value is $445,700, with a median monthly rent of $1,605. This places Bucks County at #204 nationally out of 3134 counties by median home value, and #2 within Pennsylvania.

Median Home Value $445,700
Median Rent $1,605/mo
Owner Occupancy 77.8%
Price/Rent Ratio 23.1

📈 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 Bucks County rose +5.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

252,942
jobs (private sector)
  • Avg weekly wage: $1,264
  • Establishments: 21,029
  • BLS QCEW, 2025
🏗️

Housing Supply

780
new units authorized (2025)
  • Single-family: 673
  • Multi-family: 107
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3932
net migration (filers, 2021-2022)
  • Inflow: 283,606 (avg $137,785)
  • Outflow: 279,674 (avg $138,319)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 18077 270.3 +17.86% 2025
2 18042 333.5 +12.99% 2025
3 18942 249.7 +15.99% 2025
4 18917 268.1 +4.40% 2025
5 18954 262.4 +9.75% 2025
6 18938 253.5 +3.86% 2025
7 19067 276.2 +5.28% 2025
8 18073 248.2 +8.16% 2025
9 18940 286.1 +5.10% 2025
10 19030 307.4 +9.13% 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 Bucks County Compares

MetricBucks CountyPennsylvania AverageU.S. Average
Median Home Value $445,700 $212,079 $227,706
Median Gross Rent $1,605 $990 $968
Owner Occupancy Rate 77.8% 74.2% 73.3%
Price/Rent Ratio 23.1 17.5 18.7

Market Analysis

The median home value in Bucks County is 110.2% above the Pennsylvania state average and 95.7% above the U.S. national average. The median rent of $1,605/month is 62.1% above the state average.

With a price-to-rent ratio of 23.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Bucks County has an owner-occupancy rate of 77.8%, compared to 74.2% in Pennsylvania and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Delaware County Ohio $445,500 $1,492
Chatham County North Carolina $446,200 $1,180
Santa Fe County New Mexico $446,300 $1,389
Humboldt County California $446,900 $1,287
Jefferson County Montana $446,900 $925

Other Counties in Pennsylvania

CountyMedian Home ValueMedian RentOwner Occ.
Montgomery County $436,700 $1,683 71.4%
Chester County $485,600 $1,763 75.1%
Delaware County $332,200 $1,372 69.6%
Centre County $323,500 $1,207 61.8%
Northampton County $308,600 $1,395 71.1%

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).