What is the median home value in Nicholson Township (Fayette County), PA?

Name: Home values in Nicholson Township (Fayette County), PA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Nicholson Township (Fayette County), PA is $147,800 (±$21,188), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Nicholson Township (Fayette County), the median home value went from $87,800 in 2015–2019 to $147,800 in 2020–2024 (+68.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $147,800 (±$21,188)
Owner-occupied homes: 535 (±90)
Most common range: $100,000 to $149,999

Home values in Nicholson Township (Fayette County)

Owner-occupied homes by value, 2020–2024
Value	Nicholson Township (Fayette County)	Fayette County	Pennsylvania	United States
Less than $50,000	11.4% (±4.8 points)	13.2%	5.5%	5.3%
$50,000 to $99,999	19.3% (±6.9 points)	21.5%	8.4%	6.1%
$100,000 to $149,999	20.2% (±7.4 points)	17.3%	9.6%	6.8%
$150,000 to $199,999	9.0% (±4.8 points)	14.4%	12.8%	9.0%
$200,000 to $299,999	19.4% (±7.4 points)	18.4%	22.9%	17.8%
$300,000 to $499,999	15.0% (±6.4 points)	12.0%	25.9%	26.9%
$500,000 to $999,999	5.8% (±3.5 points)	2.8%	12.8%	20.9%
$1,000,000 or more	0.0% (±5.9 points)	0.4%	2.1%	7.1%

The most common range is $100,000 to $149,999, 20.2% 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.

Nicholson Township (Fayette County) against Fayette County, its state and the nation

Estimate (90% margin of error)
	Nicholson Township (Fayette County)	Fayette County	Pennsylvania	United States
Median home value	$147,800 (±$21,188)	$143,200 (±$5,445)	$254,500 (±$767)	$332,700
Owner-occupied homes	535 (±90)	39,947 (±866)	3,656,971 (±15,249)	84,210,142

In Nicholson Township (Fayette County), the median home value is not measurably different from Fayette County ($143,200).

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

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

In Fayette County, Nicholson Township (Fayette County) ranks 15 of 41 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1894 of 2,541.

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

How home values in Nicholson Township (Fayette County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$87,800 (±$13,520)	$147,800 (±$21,188)	+68.3%	Up after inflation
Median owner cost with a mortgage	$995 (±$116)	$1,303 (±$182)	+31.0%	No measurable change after inflation
Median real estate taxes	$1,117 (±$166)	$1,551 (±$173)	+38.9%	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 home value in places near Nicholson Township (Fayette County)

Nearest places with a published estimate, compared with Nicholson Township (Fayette County)
Place	Distance	Median home value	Compared with this place
Nicholson Township (Fayette County)	—	$147,800 (±$21,188)	—
Greensboro	2.9 mi	$82,500 (±$53,061)	Lower
Smithfield	3.2 mi	$173,200 (±$36,549)	Not measurably different
Masontown	3.3 mi	$126,300 (±$16,149)	Not measurably different
Monongahela Township	4.3 mi	$100,000 (±$33,083)	Lower
Springhill Township (Fayette County)	4.3 mi	$115,700 (±$52,465)	Not measurably different
German Township	4.6 mi	$123,200 (±$27,201)	Not measurably different
Georges Township	4.6 mi	$148,500 (±$41,411)	Not measurably different
Point Marion	5.7 mi	$88,800 (±$13,203)	Lower

Nearby places with a measurably lower figure: Greensboro, PA ($82,500), Monongahela Township, PA ($100,000), Point Marion, PA ($88,800).

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

Median home value across Fayette County, place by place

Rank	Place	Median home value
9	Fairchance	$169,100 (±$31,918)
10	Dunbar Township	$166,500 (±$29,694)
11	Perryopolis	$163,700 (±$18,648)
12	Saltlick Township	$162,500 (±$46,635)
13	Menallen Township (Fayette County)	$161,200 (±$29,812)
14	Georges Township	$148,500 (±$41,411)
15	Nicholson Township (Fayette County)	$147,800 (±$21,188)
16	North Union Township (Fayette County)	$139,900 (±$14,825)
17	Lower Tyrone Township	$139,700 (±$27,507)
18	Belle Vernon	$138,400 (±$12,974)
19	Washington Township (Fayette County)	$135,200 (±$10,898)
20	Springfield Township (Fayette County)	$131,300 (±$40,709)
21	Luzerne Township	$128,500 (±$19,510)

Showing 13 of 41 places in Fayette 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 Nicholson Township (Fayette County)

What is the average home value in Nicholson Township (Fayette County), PA?

The Census Bureau publishes the median: $147,800 (±$21,188) for owner-occupied homes in Nicholson Township (Fayette County) (2020–2024 American Community Survey).

Have home values in Nicholson Township (Fayette County) gone up?

In Nicholson Township (Fayette County), the median home value went from $87,800 in 2015–2019 to $147,800 in 2020–2024 (+68.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Nicholson Township (Fayette County) 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 Nicholson township, Fayette County, Pennsylvania (county subdivision:54392, in state:42 county:051).

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.