What is the average mortgage rate in Pennsylvania in 2026?
Around 7.46% as of October 19, 2026, in line with national average.
Best Mortgage Rates Pennsylvania 2026
Pennsylvania has a diverse housing market with a median home price of $293,100 in early 2026. Note that Pennsylvania charges a 1% state realty transfer tax at closing — one of the higher state-level transfer taxes in the US.
30-year fixed
7.46%
National avg
15-year fixed
6.82%
National avg
5/1 ARM
6.82%
National avg
| Product | Rate (APR) |
|---|---|
| 30-year fixed (national avg) | 7.46% |
| 15-year fixed (national avg) | 6.82% |
| 5/1 ARM (national avg) | 6.82% |
Rates verified Oct 21, 2026
Rates shown are national benchmark averages from the site data file, not live quotes from lenders. Confirm pricing with banks and brokers in Pennsylvania. Not financial advice.
Pennsylvania at a glance
- Average home price: $293,100
- State income tax: Yes (3.07% flat rate — one of the lowest in the US)
- Land transfer tax: Yes (1% state realty transfer tax; local municipalities may add additional fees)
- Typical monthly payment: $1,633/mo on $293,100 with 20% down, 30-year term, at 7.46% — excludes taxes, insurance, and HOA.
Frequently Asked Questions
Does Pennsylvania have a real estate transfer tax?
Yes — Pennsylvania charges a 1% state realty transfer tax; local municipalities such as Philadelphia add their own transfer taxes on top.
What is the median home price in Pennsylvania in 2026?
$293,100 as of early 2026 — below the national median.
How much do I need to earn to afford a home in Pennsylvania?
To afford $293,100 with 20% down at 7.46%, you need approximately $70,000–$70,000 annual income.
US mortgage calculator · Educational reference only. Not financial or lending advice.