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What income do you need to buy in Packer Park?
About $178,000 a year to buy the typical Packer Park home, which sells for about $508,000.
- Typical sale price
- $508,000Median of 48 sales in the past 24 months
- Income needed
- $178,000A year, before taxes
- Cash needed up front
- $73,00010% down, transfer tax and closing costs
Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit). These are estimates, not a loan offer.
What it costs each month
| Principal and interest | $3,191 |
|---|---|
| Property tax | $555 |
| Insurance | $211 |
| Mortgage insurance | $190 |
| Total a month | $4,147 |
Claiming the Homestead Exemption could lower the property tax by about $117 a month. The total above does not include that saving.
How prices have moved
Down 12.7% from the year before, comparing the median sale price of the last 12 months with the 12 months before.
| Quarter | Median sale price | Sales |
|---|---|---|
| Q1 2025 | $599,999 | 9 |
| Q2 2025 | $524,999 | 13 |
| Q3 2025 | $495,000 | 5 |
| Q4 2025 | $360,000 | 5 |
| Q1 2026 | $466,500 | 7 |
| Q2 2026 | $445,000 | 6 |
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Cheaper nearby
- Girard Estates $310,000
- Stadium District $350,000
- Lower Moyamensing $230,000
Questions about buying in Packer Park
What income do you need to buy a home in Packer Park?
About $178,000 a year for the typical Packer Park price of $508,000, keeping the housing payment to 28% of gross income. Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit).
How much cash do you need to buy in Packer Park?
About $73,000 up front at the typical price: 10% down ($51,000), your share of the transfer tax ($11,617) and closing costs ($10,150).
What does a typical home in Packer Park cost per month?
A typical Packer Park home costs about $4,147 a month all in: principal and interest $3,191, property tax $555, insurance $211, mortgage insurance $190. Claiming the Homestead Exemption could lower the tax by about $117 a month.
Based on 48 sales, as of 2026-10-29. Mortgage rate 7.24% (Freddie Mac, week of 2026-10-29). Estimates only, not financial advice. Talk to a lender.