Market Overview
Home Prices in Pen Argyl, PA
The median home value in Pen Argyl, PA is $321,450 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.2% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pen Argyl are priced22% below average. Pen Argyl is part of the Allentown-Bethlehem-Easton, PA-NJ metro area.
Over the past five years, Pen Argyl home values have risen by approximately37.2%, reflecting strong long-term appreciation in this market.
Price History
Pen Argyl Home Price Trend
City Comparison
Pen Argyl vs. National Median
At $321,450, homes in Pen Argyl cost 22% below the national median of $410,000. This makes Pen Argyl a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pen Argyl?
20% Down Payment
$64,290
on $321,450
Monthly P&I
$1,676/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,129/mo
incl. taxes & insurance
Income Needed
$85,160
gross annual (30% rule)
10% Down Option
$32,145
+ PMI applies
Loan Amount (20% dn)
$257,160
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 Pen Argyl, PA?
The median home value in Pen Argyl is $321,450 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.2% year-over-year.
How much have home prices changed in Pen Argyl?
Over the past year, home values in Pen Argyl have increased by 4.2%. Over five years, prices have risen approximately 37.2%.
How much do I need to earn to buy a home in Pen Argyl?
To comfortably afford the median home price of $321,450 with a 20% down payment ($64,290) at today's rates (6.8%), you'd need a gross annual income of approximately $85,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Pen Argyl compare to the national average home price?
The national median home value is approximately $410,000. At $321,450, homes in Pen Argyl are 22% below the national average.
What metro area is Pen Argyl part of?
Pen Argyl is part of the Allentown-Bethlehem-Easton, PA-NJ metropolitan area. Home prices and market conditions can vary across the broader metro region.