Market Overview
Home Prices in Olyphant, PA
The median home value in Olyphant, PA is $254,655 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9% compared to a year ago and up 13.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Olyphant are priced38% below average. Olyphant is part of the Scranton--Wilkes-Barre, PA metro area.
Over the past five years, Olyphant home values have risen by approximately55.9%, reflecting strong long-term appreciation in this market.
Price History
Olyphant Home Price Trend
City Comparison
Olyphant vs. National Median
At $254,655, homes in Olyphant cost 38% below the national median of $410,000. This makes Olyphant a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Olyphant?
20% Down Payment
$50,931
on $254,655
Monthly P&I
$1,328/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,687/mo
incl. taxes & insurance
Income Needed
$67,480
gross annual (30% rule)
10% Down Option
$25,466
+ PMI applies
Loan Amount (20% dn)
$203,724
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 Olyphant, PA?
The median home value in Olyphant is $254,655 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9% year-over-year.
How much have home prices changed in Olyphant?
Over the past year, home values in Olyphant have increased by 9%. Over five years, prices have risen approximately 55.9%.
How much do I need to earn to buy a home in Olyphant?
To comfortably afford the median home price of $254,655 with a 20% down payment ($50,931) at today's rates (6.8%), you'd need a gross annual income of approximately $67,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Olyphant compare to the national average home price?
The national median home value is approximately $410,000. At $254,655, homes in Olyphant are 38% below the national average.
What metro area is Olyphant part of?
Olyphant is part of the Scranton--Wilkes-Barre, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.