Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in Pennsylvania
PAUCSFRCONDOSMSAMID • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
286,350.74
Year-over-Year Change
2.94%
Date Range
1/1/2000 - 7/1/2025
Summary
The Zillow Home Value Index (ZHVI) for All Homes in Pennsylvania tracks the typical home value in the state, including single-family residences, condos, and co-ops. This metric provides important insights into the state's housing market and broader economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The ZHVI for Pennsylvania represents the typical home value across all residential properties in the state. It is a widely-used indicator of housing market trends that can inform real estate investment, policy decisions, and consumer confidence.
Methodology
The ZHVI is calculated using Zillow's proprietary algorithm, which analyzes millions of home sales and property records.
Historical Context
Policymakers and economists closely monitor the ZHVI to assess the health of Pennsylvania's housing market and its broader economic implications.
Key Facts
- The ZHVI for Pennsylvania reached a record high in 2022.
- Home values in Pennsylvania have risen over 30% in the past 5 years.
- Condos and co-ops make up about 20% of the ZHVI for Pennsylvania.
FAQs
Q: What does this economic trend measure?
A: The Zillow Home Value Index (ZHVI) for Pennsylvania measures the typical home value across all residential properties in the state, including single-family homes, condos, and co-ops.
Q: Why is this trend relevant for users or analysts?
A: The ZHVI for Pennsylvania provides important insights into the state's housing market, which can inform real estate investment decisions, policymaking, and assessments of broader economic conditions.
Q: How is this data collected or calculated?
A: Zillow calculates the ZHVI using its proprietary algorithm, which analyzes millions of home sales and property records.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the ZHVI for Pennsylvania to assess the health of the state's housing market and its broader economic implications.
Q: Are there update delays or limitations?
A: The ZHVI for Pennsylvania is updated monthly, but there may be lags in data reporting due to the time required to collect and process real estate transactions.
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Citation
U.S. Federal Reserve, Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in Pennsylvania (PAUCSFRCONDOSMSAMID), retrieved from FRED.