The typical owner-occupied home in Oreland is worth about $420,700, 65% above the Pennsylvania median of $254,500 and 26% above the national median of $332,700. Owners pay a median $6,194 a year in property taxes, about 1.47% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $111,625 a year, so the median home costs 3.8 times the median income (3.3 times for Pennsylvania). 91% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Oreland at a glance
| Oreland | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $420,700 | $254,500 | $332,700 |
| Median property tax paid per year | $6,194 | $3,311 | $3,119 |
| Property tax as a share of value | 1.47% | 1.30% | 0.94% |
| Median household income | $111,625 | $77,971 | $80,734 |
| Homes lived in by their owners | 91% | 69% | 65% |
| Owner homes with a mortgage | 66% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,264 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 21.6% | 19.4% | 21.0% |
| Median rent | $1,261 | $1,209 | $1,413 |
| Rent as a share of renters' income | 27.5% | 29.2% | 30.6% |
| Median year homes were built | 1953 | 1965 | 1980 |
| Vacant homes | 0.5% | 9.2% | 10.1% |
| Population | 5,953 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Oreland
At this week's average 30-year rate of 7.11%, buying the median Oreland home of $420,700 with 20% down costs about $2,955 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,656, 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 $126,630 for the 20%-down payment. That payment is 32% of the median Oreland household income of $111,625; at that income and 20% down, the 28% guideline points to a home of about $371,000.
The median rent here is $1,261 a month, so owning the median home costs about $1,694 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $84,140 |
|---|---|
| Loan amount | $336,560 |
| Principal and interest | $2,264 |
| Property taxes (1.47% a year) | $515 |
| Homeowners insurance (our estimate, 0.5% a year) | $175 |
| PMI | $0 |
| Total per month | $2,955 |
Change the numbers in the calculator
| Down payment | $14,724 |
|---|---|
| Loan amount | $413,080 |
| Principal and interest | $2,779 |
| Property taxes (1.47% a year) | $515 |
| Homeowners insurance (our estimate, 0.5% a year) | $175 |
| FHA mortgage insurance | $186 |
| Total per month | $3,656 |
Change the numbers in the calculator
Questions about home buying in Oreland
What is the median home value in Oreland?
About $420,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Oreland?
Homeowners pay a median $6,194 a year, which is about 1.47% 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 Oreland?
For the median home with 20% down at 7.11%, the payment is about $2,955 a month. Keeping that under 28% of gross income takes about $126,630 a year.
More about Oreland
- Mortgage Refinance in Oreland
- Debt Relief in Oreland
- Home Equity Loans in Oreland
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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