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Buying a home in Flourtown, Pennsylvania

The typical owner-occupied home in Flourtown is worth about $507,300, 99% above the Pennsylvania median of $254,500 and 52% above the national median of $332,700. Owners pay a median $7,082 a year in property taxes, about 1.40% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $148,274 a year, so the median home costs 3.4 times the median income (3.3 times for Pennsylvania). 88% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.

Flourtown at a glance

Flourtown Pennsylvania U.S.
Median home value $507,300 $254,500 $332,700
Median property tax paid per year $7,082 $3,311 $3,119
Property tax as a share of value 1.40% 1.30% 0.94%
Median household income $148,274 $77,971 $80,734
Homes lived in by their owners 88% 69% 65%
Owner homes with a mortgage 71% 58% 61%
Median monthly costs, owners with a mortgage $2,849 $1,762 $1,963
Those costs as a share of the owners' income 20.5% 19.4% 21.0%
Median rent $1,734 $1,209 $1,413
Rent as a share of renters' income 35.6% 29.2% 30.6%
Median year homes were built 1955 1965 1980
Vacant homes 0.4% 9.2% 10.1%
Population 4,992 13,018,639 334,922,499

What a typical home costs per month in Flourtown

At this week's average 30-year rate of 7.11%, buying the median Flourtown home of $507,300 with 20% down costs about $3,533 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,378, 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 $151,429 for the 20%-down payment. That payment is 29% of the median Flourtown household income of $148,274; at that income and 20% down, the 28% guideline points to a home of about $497,000.

The median rent here is $1,734 a month, so owning the median home costs about $1,799 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$101,460
Loan amount$405,840
Principal and interest$2,730
Property taxes (1.40% a year)$592
Homeowners insurance (our estimate, 0.5% a year)$211
PMI$0
Total per month$3,533

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3.5% down, 30-year FHA loan
Down payment$17,756
Loan amount$498,112
Principal and interest$3,351
Property taxes (1.40% a year)$592
Homeowners insurance (our estimate, 0.5% a year)$211
FHA mortgage insurance$224
Total per month$4,378

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Questions about home buying in Flourtown

What is the median home value in Flourtown?

About $507,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Flourtown?

Homeowners pay a median $7,082 a year, which is about 1.40% 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 Flourtown?

For the median home with 20% down at 7.11%, the payment is about $3,533 a month. Keeping that under 28% of gross income takes about $151,429 a year.

More about Flourtown

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