The typical owner-occupied home in Martins Creek is worth about $241,300, 5% below the Pennsylvania median of $254,500 and 27% below the national median of $332,700. Owners pay a median $4,275 a year in property taxes, about 1.77% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $78,000 a year, so the median home costs 3.1 times the median income (3.3 times for Pennsylvania). 54% of occupied homes here are lived in by their owners, and 67% of those owners still have a mortgage.
Martins Creek at a glance
| Martins Creek | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $241,300 | $254,500 | $332,700 |
| Median property tax paid per year | $4,275 | $3,311 | $3,119 |
| Property tax as a share of value | 1.77% | 1.30% | 0.94% |
| Median household income | $78,000 | $77,971 | $80,734 |
| Homes lived in by their owners | 54% | 69% | 65% |
| Owner homes with a mortgage | 67% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,335 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 13.5% | 19.4% | 21.0% |
| Median rent | $1,264 | $1,209 | $1,413 |
| Rent as a share of renters' income | 34.7% | 29.2% | 30.6% |
| Median year homes were built | 1948 | 1965 | 1980 |
| Vacant homes | 7.7% | 9.2% | 10.1% |
| Population | 662 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Martins Creek
At this week's average 30-year rate of 7.11%, buying the median Martins Creek home of $241,300 with 20% down costs about $1,755 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,157, 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 $75,216 for the 20%-down payment. That payment is 27% of the median Martins Creek household income of $78,000; at that income and 20% down, the 28% guideline points to a home of about $250,000.
The median rent here is $1,264 a month, so owning the median home costs about $491 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $48,260 |
|---|---|
| Loan amount | $193,040 |
| Principal and interest | $1,299 |
| Property taxes (1.77% a year) | $356 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| PMI | $0 |
| Total per month | $1,755 |
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| Down payment | $8,446 |
|---|---|
| Loan amount | $236,929 |
| Principal and interest | $1,594 |
| Property taxes (1.77% a year) | $356 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| FHA mortgage insurance | $107 |
| Total per month | $2,157 |
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Questions about home buying in Martins Creek
What is the median home value in Martins Creek?
About $241,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Martins Creek?
Homeowners pay a median $4,275 a year, which is about 1.77% 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 Martins Creek?
For the median home with 20% down at 7.11%, the payment is about $1,755 a month. Keeping that under 28% of gross income takes about $75,216 a year.
More about Martins Creek
- Mortgage Refinance in Martins Creek
- Debt Relief in Martins Creek
- Home Equity Loans in Martins Creek
- 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