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Buying a home in Allison, Pennsylvania

The typical owner-occupied home in Allison is worth about $96,700, 62% below the Pennsylvania median of $254,500 and 71% below the national median of $332,700. 73% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.

Allison at a glance

Allison Pennsylvania U.S.
Median home value $96,700 $254,500 $332,700
Median property tax paid per year – $3,311 $3,119
Median household income – $77,971 $80,734
Homes lived in by their owners 73% 69% 65%
Owner homes with a mortgage 52% 58% 61%
Median monthly costs, owners with a mortgage $893 $1,762 $1,963
Those costs as a share of the owners' income 9.0% 19.4% 21.0%
Median rent $775 $1,209 $1,413
Rent as a share of renters' income 24.3% 29.2% 30.6%
Median year homes were built 1938 1965 1980
Vacant homes 26.9% 9.2% 10.1%
Population 573 13,018,639 334,922,499

What a typical home costs per month in Allison

At this week's average 30-year rate of 7.11%, buying the median Allison home of $96,700 with 20% down costs about $649 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $810, 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 $27,829 for the 20%-down payment.

The median rent here is $775 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$19,340
Loan amount$77,360
Principal and interest$520
Property taxes (1.10% a year)$89
Homeowners insurance (our estimate, 0.5% a year)$40
PMI$0
Total per month$649

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3.5% down, 30-year FHA loan
Down payment$3,384
Loan amount$94,949
Principal and interest$639
Property taxes (1.10% a year)$89
Homeowners insurance (our estimate, 0.5% a year)$40
FHA mortgage insurance$43
Total per month$810

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Questions about home buying in Allison

What is the median home value in Allison?

About $96,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

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

For the median home with 20% down at 7.11%, the payment is about $649 a month. Keeping that under 28% of gross income takes about $27,829 a year.

More about Allison

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