What is the median home value in Lackawannock Township, PA?

The median value of owner-occupied homes in Lackawannock Township, PA is $166,600 (±$13,138), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lackawannock Township, the median home value went from $149,600 in 2015–2019 to $166,600 in 2020–2024 (+11.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$166,600 (±$13,138)
Owner-occupied homes
807 (±88)
Most common range
$200,000 to $299,999

Home values in Lackawannock Township

Owner-occupied homes by value, 2020–2024
ValueLackawannock TownshipMercer CountyPennsylvaniaUnited States
Less than $50,00017.7% (±6.6 points)10.9%5.5%5.3%
$50,000 to $99,9998.1% (±5.3 points)16.0%8.4%6.1%
$100,000 to $149,99914.5% (±6.5 points)16.4%9.6%6.8%
$150,000 to $199,99920.8% (±6.4 points)18.8%12.8%9.0%
$200,000 to $299,99924.2% (±7.4 points)19.4%22.9%17.8%
$300,000 to $499,9998.6% (±3.8 points)13.8%25.9%26.9%
$500,000 to $999,9994.8% (±3.0 points)3.8%12.8%20.9%
$1,000,000 or more1.4% (±1.9 points)0.9%2.1%7.1%

The most common range is $200,000 to $299,999, 24.2% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lackawannock Township against Mercer County, its state and the nation

Estimate (90% margin of error)
Lackawannock TownshipMercer CountyPennsylvaniaUnited States
Median home value$166,600 (±$13,138)$164,000 (±$3,160)$254,500 (±$767)$332,700
Owner-occupied homes807 (±88)33,679 (±697)3,656,971 (±15,249)84,210,142

In Lackawannock Township, the median home value is not measurably different from Mercer County ($164,000).

It is also lower than in Pennsylvania ($254,500).

It is lower than the national figure ($332,700).

In Mercer County, Lackawannock Township ranks 26 of 48 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1631 of 2,541.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lackawannock Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$149,600 (±$13,861)$166,600 (±$13,138)+11.4%No measurable change after inflation
Median owner cost with a mortgage$1,237 (±$74)$1,250 (±$154)+1.1%Down after inflation
Median real estate taxes$1,802 (±$148)$1,864 (±$163)+3.4%Down 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 home value in places near Lackawannock Township

Nearest places with a published estimate, compared with Lackawannock Township
PlaceDistanceMedian home valueCompared with this place
Lackawannock Township—$166,600 (±$13,138)—
Wilmington Township (Mercer County)3.7 mi$265,100 (±$17,254)Higher
East Lackawannock Township4.3 mi$207,800 (±$25,288)Higher
Jefferson Township (Mercer County)4.6 mi$164,200 (±$18,625)Not measurably different
Hermitage5.1 mi$199,500 (±$12,262)Higher
New Wilmington5.5 mi$209,800 (±$19,241)Higher
West Middlesex5.6 mi$158,100 (±$10,346)Not measurably different
Wilmington Township (Lawrence County)6.4 mi$238,200 (±$37,678)Higher
Mercer6.4 mi$151,200 (±$12,680)Not measurably different

Nearby places with a measurably higher figure: Wilmington Township (Mercer County), PA ($265,100), East Lackawannock Township, PA ($207,800), Hermitage, PA ($199,500).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Mercer County, place by place

RankPlaceMedian home value
20South Pymatuning Township$180,700 (±$13,886)
21Salem Township (Mercer County)$179,900 (±$29,903)
22Sandy Lake$177,300 (±$36,029)
23Hempfield Township (Mercer County)$172,600 (±$29,933)
24Grove City$171,600 (±$13,724)
25Sandy Lake Township$169,400 (±$38,803)
26Lackawannock Township$166,600 (±$13,138)
27Perry Township (Mercer County)$164,600 (±$31,497)
28Jefferson Township (Mercer County)$164,200 (±$18,625)
29Deer Creek Township$163,700 (±$20,810)
30New Lebanon$163,200 (±$14,065)
31West Salem Township$159,400 (±$25,681)
32West Middlesex$158,100 (±$10,346)

Showing 13 of 48 places in Mercer 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 Lackawannock Township

What is the average home value in Lackawannock Township, PA?

The Census Bureau publishes the median: $166,600 (±$13,138) for owner-occupied homes in Lackawannock Township (2020–2024 American Community Survey).

Have home values in Lackawannock Township gone up?

In Lackawannock Township, the median home value went from $149,600 in 2015–2019 to $166,600 in 2020–2024 (+11.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Lackawannock Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

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) for Lackawannock township, Mercer County, Pennsylvania (county subdivision:40760, in state:42 county:085).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

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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