Glen Rock, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Glen Rock Neighborhoods Since 2000




Glen Rock, PA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Glen Rock Housing Market Information

With 2,031 people, 757 houses or apartments, and a median cost of homes of $233,821, Glen Rock real estate is some of the most expensive in Pennsylvania, although Glen Rock home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Glen Rock, accounting for 64.45% of the borough's housing units. Other types of housing that are prevalent in Glen Rock include row houses and other attached homes ( 18.34%), large apartment complexes or high rise apartments ( 11.31%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.90%).

The most prevalent building size and type in Glen Rock are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 62.62% owning and 37.38% renting.

The housing in Glen Rock was primarily built before 1939 ( 44.60%), making the housing stock in Glen Rock some of the oldest overall in America, although there is a range of ages of homes in Glen Rock. The next most important housing age is between 1940-1969 ( 25.88%), followed by between 1970-1999 ( 25.88%). There's also some housing in Glen Rock built between 2000 and later ( 3.64%).

Glen Rock Home Appreciation Rates

Glen Rock's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Glen Rock during the period has been just -1.65%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Glen Rock's appreciation rate, at 4.75%, has been at or slightly above the national average. In the latest quarter, Glen Rock's appreciation rate has been 2.73%, which annualizes to a rate of 11.40%.

Importantly, this makes Glen Rock one of the highest appreciating communities in the nation for the latest quarter, and may signal the borough's near-future real estate investment strength.

Relative to Pennsylvania, our data show that Glen Rock's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$233,821

Glen Rock, PA HOME PRICES

Value Range
> $1,068,000 1.3
$801,001 - $1,068,000 1.0
$534,001 - $801,000 5.3
$427,001 - $534,000 5.5
$321,001 - $427,000 13.8
$214,001 - $321,000 26.3
$107,001 - $214,000 40.7
$53,001 - $107,000 3.3
$0 - $53,000 2.7

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
25.1201218797609 14.4927536231884

Number Of Homes And Apartments:
757

Glen Rock Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
45.65% 2.20% 6 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,077 / per month

Homeownership Rate

Homeownership
Owners 62.62
Renters 37.38
Vacant 4.90

Housing Market Details

 

Age of Homes

AGE OF Glen Rock HOMES
2000 or Newer 3.6
1970 - 1999 25.9
1940 - 1969 25.9
1939 or Older 44.6

Types of Homes

TYPE OF Glen Rock HOMES
Single-Family 64.4
Townhomes 18.3
Small Apt. Buildings 5.9
Apt. Complexes 11.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Glen Rock HOMES
No Bedroom 0.00
1 Bedroom 8.42
2 Bedrooms 21.86
3 Bedrooms 44.72
4 Bedrooms 18.97
5 or more bedrooms 6.03