Compare York, PA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in York.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in York. Plus, shopping lenders is free and there is no obligation.
May 23, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in York. Understand how much you need to earn to afford a home in York, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in York fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in York is right for you.
The median home value for York, PA is $233,784
Based on current mortgage rates and a 10% down payment, you need to make $38,305 per year to buy the median priced home in York
With this income, you could qualify for a $210,406 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in York is $887
The median household income for York, PA is $74,766
Based on this income, you can afford a home valued at approximately $456,319
The home price you can afford to buy based on household income in York is 195% of the median home value which means housing prices are average. York ranks 36 out of 67 counties in Pennsylvania and 1,824 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in York, PA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for York below.
Conforming loan limits for York, PA
FHA loan limits for York, PA
VA loan limits for York, PA