DuBois, PA Housing Market

Market Overview

DuBois, PA presents a strong market profile, with a PropertyIQ Score of 97 out of 100. The score is driven by home value momentum of 9.12% over 12 months and 5.70% over 3 months, a median days on market of 58 days, and a share of listings with a price cut of 18.3%. These factors indicate steady buyer demand and relatively efficient sales conditions. The median home value is $145,153, which is far below the Pennsylvania state average of $290,401. The rent index is $1,005, compared with the state average of $1,209, and median household income is $62,152, compared with $77,971 statewide. The unemployment rate is 3.9%, matching the state average.

This market looks strong and affordable. A median home value of $145,153 is roughly half the state average, while local median household income is about 80% of the state median. That gap suggests home prices in DuBois are more accessible relative to local incomes than the statewide relationship. With 162 homes for sale and a median time on market of 58 days, the market appears active without being severely undersupplied or oversupplied. The price cut share of 18.3% also suggests sellers are not broadly reducing prices, which is consistent with the strong momentum score.

Key Trends

One major trend is home value appreciation. The 12-month home value momentum of 9.12% and the 3-month momentum of 5.70% show that values are rising at a notable pace, with shorter-term momentum suggesting continued strength. The data also lists a year-over-year home value change of $26, which is difficult to interpret without more context, but the percentage-based momentum figures provide a clearer view of upward movement.

Another trend is efficient market turnover. The median days on market is 58 days, meaning homes are selling in under two months on average. The share of listings with a price cut is 18.3%, which is low enough to signal solid demand while still leaving some room for negotiation.

A third trend is affordability relative to the state. The median home value of $145,153 is much lower than the state median of $290,401. The rent index of $1,005 is below the state average of $1,209, but the gap is smaller than the home value gap, which may make rental economics relatively attractive. Median household income of $62,152 is below the state median of $77,971, but lower home prices help offset that difference.

A fourth trend is employment stability. The unemployment rate of 3.9% matches the state average, indicating a labor market that is not lagging the broader state. Population growth data is not available, so demographic-driven demand trends cannot be directly evaluated.

Who Is This Market For

This market is well suited for first-time buyers and budget-conscious households. The median home value of $145,153 is significantly below the state average of $290,401, and the median household income of $62,152 can more comfortably support that price point than many higher-cost areas. Buyers who would be priced out of Pennsylvania’s more expensive markets may find DuBois accessible, especially with a rent index of $1,005 that makes monthly ownership costs potentially competitive with renting.

Investors may also find this market appealing. The rent index of $1,005 paired with a median home value of $145,153 offers a relatively low entry price for a rental market that is still producing income near the state’s rent benchmark. The median days on market of 58 days and the price cut share of 18.3% indicate that properties are moving without widespread discounting, which supports both rental and resale strategies. The 12-month home value momentum of 9.12% and 3-month momentum of 5.70% may also appeal to investors seeking appreciation.

Move-up buyers may find opportunities, though the local median household income of $62,152 is below the state median, so demand at higher price points may be more limited. Overall, the profile is strongest for value-oriented buyers and small-to-moderate-scale investors.

Outlook

The near-term outlook is positive based on the available data. Home value momentum of 9.12% over 12 months and 5.70% over 3 months points to continued price growth if current demand conditions persist. A median days on market of 58 days and a price cut share of 18.3% suggest that inventory is being absorbed without broad discounting. With 162 homes for sale, supply is present but does not appear excessive.

Affordability relative to state benchmarks may continue to attract buyers, especially with a median home value of $145,153 versus $290,401 statewide and a rent index of $1,005 versus $1,209. The unemployment rate of 3.9% matching the state average supports a stable local employment foundation. The main limitation is the absence of population growth data, which makes it difficult to assess long-term demand expansion from the provided metrics. Based on the numbers, DuBois appears positioned for steady activity and moderate price growth in the near term.