Pennsylvania · as of September 2026
What counts as luxury real estate in Pennsylvania
The convention this site uses
In Pennsylvania, this site treats homes at $1M and above as luxury. That is our own fixed band, set so the covered markets are the ones where the top of the market actually trades at that level. It is not a loan limit and it is not a median; the medians below are the middle of each market, and luxury inventory trades well above them. The rule and its reasoning are on the methodology page.
Pennsylvania's luxury markets by home value
Zillow Home Value Index, typical middle-tier home, latest month.
| Market | Median value | Ranked agents |
|---|---|---|
| Gladwyne | $1,601,000 | 11 |
| Villanova | $1,563,000 | 11 |
| New Hope | $973,000 | 10 |
| Wayne | $955,000 | 12 |
| Bryn Mawr | $921,000 | 12 |
| Philadelphia | $265,000 | 10 |
| Pittsburgh | $246,000 | 10 |
What changes at this price in Pennsylvania
Each fact links to the statute or agency that says so. Facts we could not verify against an official source are left out rather than guessed.
- Transfer and mansion taxes
- Pennsylvania charges a state realty transfer tax of 1 percent, and local governments add their own, typically another 1 percent. Philadelphia's local rate is 3.278 percent for a combined 4.278 percent, and Pittsburgh's combined rate is 5 percent. Source
- Seller disclosure
- Pennsylvania sellers of residential property must deliver the Seller Property Disclosure Statement required by the Real Estate Seller Disclosure Law before an agreement of sale is signed. Source
- State estate or inheritance tax
- Pennsylvania has no estate tax but levies an inheritance tax on nearly all property passing at death: 0 percent to a spouse or a child under 21, 4.5 percent to lineal heirs, 12 percent to siblings, and 15 percent to other heirs. Source