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Buying a home in New Eagle, Pennsylvania

The typical owner-occupied home in New Eagle is worth about $106,700, 58% below the Pennsylvania median of $254,500 and 68% below the national median of $332,700. Owners pay a median $2,137 a year in property taxes, about 2.00% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $51,716 a year, so the median home costs 2.1 times the median income (3.3 times for Pennsylvania). 75% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.

New Eagle at a glance

New Eagle Pennsylvania U.S.
Median home value $106,700 $254,500 $332,700
Median property tax paid per year $2,137 $3,311 $3,119
Property tax as a share of value 2.00% 1.30% 0.94%
Median household income $51,716 $77,971 $80,734
Homes lived in by their owners 75% 69% 65%
Owner homes with a mortgage 33% 58% 61%
Median monthly costs, owners with a mortgage $1,200 $1,762 $1,963
Those costs as a share of the owners' income 18.8% 19.4% 21.0%
Median rent $719 $1,209 $1,413
Rent as a share of renters' income 24.6% 29.2% 30.6%
Median year homes were built 1958 1965 1980
Vacant homes 8.0% 9.2% 10.1%
Population 2,085 13,018,639 334,922,499

What a typical home costs per month in New Eagle

At this week's average 30-year rate of 7.11%, buying the median New Eagle home of $106,700 with 20% down costs about $797 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $974, 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 $34,136 for the 20%-down payment. That payment is 18% of the median New Eagle household income of $51,716; at that income and 20% down, the 28% guideline points to a home of about $162,000.

The median rent here is $719 a month, so owning the median home costs about $78 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$21,340
Loan amount$85,360
Principal and interest$574
Property taxes (2.00% a year)$178
Homeowners insurance (our estimate, 0.5% a year)$44
PMI$0
Total per month$797

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3.5% down, 30-year FHA loan
Down payment$3,734
Loan amount$104,767
Principal and interest$705
Property taxes (2.00% a year)$178
Homeowners insurance (our estimate, 0.5% a year)$44
FHA mortgage insurance$47
Total per month$974

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Questions about home buying in New Eagle

What is the median home value in New Eagle?

About $106,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in New Eagle?

Homeowners pay a median $2,137 a year, which is about 2.00% 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 New Eagle?

For the median home with 20% down at 7.11%, the payment is about $797 a month. Keeping that under 28% of gross income takes about $34,136 a year.

More about New Eagle

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