Glenmoore, PA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Glenmoore, PA Housing Market Trends

With 9,451 people, 1,134 houses or apartments, and a median cost of homes of $490,499, Glenmoore house prices are not only among the most expensive in Pennsylvania, Glenmoore real estate also is some of the most expensive in all of America.

Glenmoore is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Glenmoore than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Glenmoore. Owner-occupied housing accounts for 85.06% of Glenmoore's homes, and 79.35% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Glenmoore built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Glenmoore built between 1940-1969 ( 16.32%). A lesser amount of the housing stock also hails from before 1939 ( 15.26%). There's also some housing in Glenmoore built between 2000 and later ( 14.28%).

Glenmoore Home Appreciation Rates

Glenmoore's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Glenmoore during the period has been just 1.62%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Glenmoore's appreciation rate, at 6.03%, has been at or slightly above the national average. In the latest quarter, Glenmoore's appreciation rate has been 2.64%, which annualizes to a rate of 10.99%.

Relative to Pennsylvania, our data show that Glenmoore's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

Average Home Values

 
info

Median Home Value:
$490,499

Glenmoore, PA HOME PRICES

> $1,130,000
3.0%
3.0%
$847,001 - $1,130,000
4.8%
4.8%
$564,001 - $847,000
19.5%
19.5%
$452,001 - $564,000
18.0%
18.0%
$339,001 - $452,000
21.6%
21.6%
$226,001 - $339,000
22.8%
22.8%
$113,001 - $226,000
5.1%
5.1%
$56,001 - $113,000
0.5%
0.5%
$0 - $56,000
4.7%
4.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for PA

Value Relative To Nation

Number Of Homes And Apartments:
1,134

Glenmoore Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
62.60% 2.34%
4
4
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,746 / per month

Homeownership Rate

Owners
85.1%
85.1%
Renters
14.9%
14.9%
Vacant
3.0%
3.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
14.3%
14.3%
1970 - 1999
54.1%
54.1%
1940 - 1969
16.3%
16.3%
1939 or Older
15.3%
15.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
89.5%
89.5%
Townhomes
0.8%
0.8%
Small Apt. Buildings
2.0%
2.0%
Apt. Complexes
2.0%
2.0%
Mobile Homes
5.7%
5.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.7%
0.7%
1 Bedroom
4.4%
4.4%
2 Bedrooms
7.8%
7.8%
3 Bedrooms
35.7%
35.7%
4 Bedrooms
43.6%
43.6%
5 or more bedrooms
7.8%
7.8%
0.0% 100.0%
% OF HOMES