Market Overview
Home Prices in Devon, PA
The median home value in Devon, PA is $1,036,162 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.3% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Devon are priced153% above average. Devon is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Devon home values have risen by approximately41.6%, reflecting strong long-term appreciation in this market.
Price History
Devon Home Price Trend
City Comparison
Devon vs. National Median
At $1,036,162, homes in Devon cost 153% above the national median of $410,000. Buyers in Devon should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Devon?
20% Down Payment
$207,232
on $1,036,162
Monthly P&I
$5,404/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,863/mo
incl. taxes & insurance
Income Needed
$274,520
gross annual (30% rule)
10% Down Option
$103,616
+ PMI applies
Loan Amount (20% dn)
$828,930
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 Devon, PA?
The median home value in Devon is $1,036,162 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.3% year-over-year.
How much have home prices changed in Devon?
Over the past year, home values in Devon have increased by 7.3%. Over five years, prices have risen approximately 41.6%.
How much do I need to earn to buy a home in Devon?
To comfortably afford the median home price of $1,036,162 with a 20% down payment ($207,232) at today's rates (6.8%), you'd need a gross annual income of approximately $274,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Devon compare to the national average home price?
The national median home value is approximately $410,000. At $1,036,162, homes in Devon are 153% above the national average.
What metro area is Devon part of?
Devon is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area. Home prices and market conditions can vary across the broader metro region.