Market Overview
Home Prices in Bally, PA
The median home value in Bally, PA is $288,687 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.7% compared to a year ago and up 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bally are priced30% below average. Bally is part of the Reading, PA metro area.
Over the past five years, Bally home values have risen by approximately28.9%, reflecting strong long-term appreciation in this market.
Price History
Bally Home Price Trend
2020
$198,308
$198K
—
2021
$224,004
$224K
+13.0%
2022
$246,170
$246K
+9.9%
2023
$260,641
$261K
+5.9%
2024
$274,370
$274K
+5.3%
2025
$290,758
$291K
+6.0%
2026
$288,687
$289K
-0.7%
City Comparison
Bally vs. National Median
🏠 Bally
$288,687
National Median
$410,000
At $288,687, homes in Bally cost 30% below the national median of $410,000. This makes Bally a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bally?
20% Down Payment
$57,737
on $288,687
Monthly P&I
$1,506/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,913/mo
incl. taxes & insurance
Income Needed
$76,520
gross annual (30% rule)
10% Down Option
$28,869
+ PMI applies
Loan Amount (20% dn)
$230,950
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bally, PA?
The median home value in Bally is $288,687 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.7% year-over-year.
How much have home prices changed in Bally?
Over the past year, home values in Bally have decreased by 0.7%. Over five years, prices have risen approximately 28.9%.
How much do I need to earn to buy a home in Bally?
To comfortably afford the median home price of $288,687 with a 20% down payment ($57,737) at today's rates (6.8%), you'd need a gross annual income of approximately $76,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Bally compare to the national average home price?
The national median home value is approximately $410,000. At $288,687, homes in Bally are 30% below the national average.
What metro area is Bally part of?
Bally is part of the Reading, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.