How much do homeowners pay a month in Homer City, PA?
Homeowners with a mortgage in Homer City, PA pay a median of $1,192 (±$78) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $577 (±$41).
59.4% of owned homes carry a mortgage.
In Homer City, the median monthly cost with a mortgage went from $1,129 in 2015–2019 to $1,192 in 2020–2024 (+5.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $1,192 (±$78)
- Without a mortgage
- $577 (±$41)
- Owned with a mortgage
- 59.4%
Monthly owner costs in Homer City
| Homer City | Indiana County | Pennsylvania | United States | |
|---|---|---|---|---|
| With a mortgage | $1,192 (±$78) | $1,266 (±$42) | $1,762 (±$6) | $1,963 |
| Without a mortgage | $577 (±$41) | $540 (±$17) | $644 (±$3) | $638 |
| Owned homes with a mortgage | 59.4% (±8.1 points) | 46.6% (±2.0 points) | 58.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,399 (±$227) | $2,297 (±$67) | $3,311 (±$12) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Homer City, the median cost with a mortgage is not measurably different from Indiana County ($1,266).
It is also lower than in Pennsylvania ($1,762).
It is lower than the national figure ($1,963).
In Indiana County, Homer City ranks 23 of 38 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 2004 of 2,539.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Homer City have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,129 (±$41) | $1,192 (±$78) | +5.6% | Down after inflation |
| Median real estate taxes | $2,233 (±$142) | $2,399 (±$227) | +7.4% | Down after inflation |
| Median home value | $96,900 (±$5,261) | $119,400 (±$9,553) | +23.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Homer City
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Homer City | — | $1,192 (±$78) | — |
| Center Township (Indiana County) | 1.4 mi | $1,437 (±$253) | Not measurably different |
| Brush Valley Township | 5.3 mi | $1,331 (±$142) | Not measurably different |
| Indiana | 5.6 mi | $1,144 (±$45) | Not measurably different |
| Black Lick Township | 5.8 mi | $1,273 (±$245) | Not measurably different |
| Burrell Township (Indiana County) | 6.9 mi | $1,297 (±$118) | Not measurably different |
| Chevy Chase Heights | 6.9 mi | $1,584 (±$83) | Higher |
| White Township (Indiana County) | 7.6 mi | $1,607 (±$88) | Higher |
| West Wheatfield Township | 8.3 mi | $1,446 (±$392) | Not measurably different |
Nearby places with a measurably higher figure: Chevy Chase Heights, PA ($1,584), White Township (Indiana County), PA ($1,607).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Indiana County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 17 | Pine Township (Indiana County) | $1,278 (±$191) |
| 18 | Black Lick Township | $1,273 (±$245) |
| 19 | North Mahoning Township | $1,250 (±$162) |
| 20 | Rayne Township | $1,230 (±$162) |
| 21 | Washington Township (Indiana County) | $1,221 (±$241) |
| 22 | Banks Township (Indiana County) | $1,217 (±$81) |
| 23 | Homer City | $1,192 (±$78) |
| 24 | West Mahoning Township | $1,151 (±$104) |
| 25 | Indiana | $1,144 (±$45) |
| 26 | Young Township (Indiana County) | $1,143 (±$46) |
| 27 | Canoe Township | $1,107 (±$93) |
| 28 | Grant Township | $1,087 (±$94) |
| 29 | Blairsville | $1,077 (±$166) |
Showing 13 of 38 places in Indiana County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Homer City
What is the average mortgage payment in Homer City?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Homer City, PA is $1,192 (±$78) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Homer City?
Owners without a mortgage in Homer City pay a median of $577 (±$41) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Homer City gone up?
In Homer City, the median monthly cost with a mortgage went from $1,129 in 2015–2019 to $1,192 in 2020–2024 (+5.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Homer City borough, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Homer City borough, Pennsylvania
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Homer City borough, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Homer City borough, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Homer City borough, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Homer City borough, Pennsylvania (place:35408, in state:42).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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