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Buying a home in Sligo, Pennsylvania

The typical owner-occupied home in Sligo is worth about $106,600, 58% below the Pennsylvania median of $254,500 and 68% below the national median of $332,700. Owners pay a median $1,262 a year in property taxes, about 1.18% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $52,679 a year, so the median home costs 2.0 times the median income (3.3 times for Pennsylvania). 60% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.

Sligo at a glance

Sligo Pennsylvania U.S.
Median home value $106,600 $254,500 $332,700
Median property tax paid per year $1,262 $3,311 $3,119
Property tax as a share of value 1.18% 1.30% 0.94%
Median household income $52,679 $77,971 $80,734
Homes lived in by their owners 60% 69% 65%
Owner homes with a mortgage 45% 58% 61%
Median monthly costs, owners with a mortgage $989 $1,762 $1,963
Those costs as a share of the owners' income 15.4% 19.4% 21.0%
Median rent $770 $1,209 $1,413
Rent as a share of renters' income 28.0% 29.2% 30.6%
Median year homes were built 1952 1965 1980
Vacant homes 10.7% 9.2% 10.1%
Population 731 13,018,639 334,922,499

What a typical home costs per month in Sligo

At this week's average 30-year rate of 7.11%, buying the median Sligo home of $106,600 with 20% down costs about $723 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $901, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $30,982 for the 20%-down payment. That payment is 16% of the median Sligo household income of $52,679; at that income and 20% down, the 28% guideline points to a home of about $181,000.

The median rent here is $770 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$21,320
Loan amount$85,280
Principal and interest$574
Property taxes (1.18% a year)$105
Homeowners insurance (our estimate, 0.5% a year)$44
PMI$0
Total per month$723

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3.5% down, 30-year FHA loan
Down payment$3,731
Loan amount$104,669
Principal and interest$704
Property taxes (1.18% a year)$105
Homeowners insurance (our estimate, 0.5% a year)$44
FHA mortgage insurance$47
Total per month$901

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Questions about home buying in Sligo

What is the median home value in Sligo?

About $106,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Sligo?

Homeowners pay a median $1,262 a year, which is about 1.18% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Sligo?

For the median home with 20% down at 7.11%, the payment is about $723 a month. Keeping that under 28% of gross income takes about $30,982 a year.

More about Sligo

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data