Much like its nearby areas, it is substantially less expensive compared to the rest of the country. Compared to the city of Pittsburgh, it's substantially less expensive.
Home prices
The median home in Punxsutawney costs $83,700. Compared to its surrounding areas it is roughly $2,740 (3%) higher.It is about $133,800 (61%) lower in comparison to the United States as a whole, and compared to the city of Pittsburgh it is approximately $41,300 (33%) lower.
Rents
The median rent in Punxsutawney is $629 per month. In comparison to other places in this area this is roughly $46 (6%) lower.In comparison to the nation as a whole it is approximately $433 (40%) lower, and in comparison to the city of Pittsburgh it is about $329 (34%) lower.
Nearby places
Rossiter
Rossiter is roughly 3 miles southeast from Punxsutawney. The real estate prices there are a bit less expensive. The value of the median home in Rossiter is $68,800, which works out to $14,900 (21%) lower than Punxsutawney. The rent there is a bit more expensive. In Rossiter the median rent is $708 a month, which works out to $79 (11%) higher than Punxsutawney.
Big Run
Big Run is approximately 4 miles east of Punxsutawney. Housing prices there are a little more expensive. The median home in Big Run is valued at $98,100, which comes out to $14,400 (14%) higher than Punxsutawney. Rent there is a bit more expensive. The median rent in Big Run is $678 per month, which comes out to $49 (7%) higher than Punxsutawney.
Sykesville
Sykesville is roughly 9 miles northeast from Punxsutawney. Real estate prices there are a bit less expensive. The median home in Sykesville is valued at $74,900, which works out to $8,800 (11%) lower than Punxsutawney. Its rents are pretty similar. Sykesville's median monthly rent is $603, which is $26 (4%) lower than Punxsutawney.
Troutville
Troutville is approximately 10 miles northeast from Punxsutawney. Real estate prices there are pretty similar. Troutville's median home cost is $87,500, which works out to $3,800 (4%) higher than Punxsutawney. Rents there are a little more expensive. Troutville's median monthly rent is $788, which is $159 (20%) higher than Punxsutawney.
Reynoldsville
Reynoldsville is approximately 10 miles north of Punxsutawney. Housing prices there are somewhat less expensive. The median home in Reynoldsville costs $75,500, which works out to $8,200 (10%) lower than Punxsutawney. Its rents are fairly similar. Reynoldsville's median monthly rent is $600, which works out to $29 (4%) lower than Punxsutawney.
