Elk County, Pennsylvania home prices
Typical home $137,822 · +15.8% in a year · property tax 1.27%
The typical home in Elk County is worth $137,822, 52% less than the Pennsylvania typical home ($287,078). Values changed +15.8% in the past year and +21.5% over five years. Homeowners here pay a median 1.27% of their home's value in property tax each year ($1,751 on the typical home), versus 1.12% statewide.
Mortgage on the typical Elk County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $27,564 | $110,258 | $742 | $0 | $215 | $957 | $41,000 |
| 10% down | $13,782 | $124,040 | $834 | $52 | $215 | $1,101 | $47,200 |
| 5% down | $6,891 | $130,931 | $881 | $55 | $215 | $1,150 | $49,300 |
| 3.5% down (FHA) | $4,824 | $135,326 | $910 | $61 | $215 | $1,186 | $50,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.27% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Pennsylvania.
Pennsylvania counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Warren County | $139,074 | +2.1% | 1.32% |
| Clarion County | $140,548 | -1.8% | 0.97% |
| Fayette County | $143,795 | -1.6% | 1.12% |
| Clearfield County | $144,352 | +4.3% | 1.09% |
| Forest County | $130,593 | +7.2% | 0.99% |
| Venango County | $127,794 | -0.4% | 1.27% |
| Cambria County | $124,304 | +3.5% | 1.23% |
| Jefferson County | $121,510 | -0.7% | 1% |
| Greene County | $154,905 | -3.5% | 1.27% |
| Potter County | $160,272 | +4.6% | 1.21% |
Frequently asked questions
What is the average home price in Elk County, PA?
The typical home value in Elk County is $137,822 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Elk County?
About $41,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Elk County?
The median effective rate is 1.27% of home value a year (Census ACS 2024 5-year estimates).