Grantville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Grantville Neighborhoods Since 2000




Grantville, 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

Grantville Housing Market Information

With 8,737 people, 1,924 houses or apartments, and a median cost of homes of $247,614, Grantville real estate is some of the most expensive in Pennsylvania, although Grantville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Grantville, accounting for 78.48% of the town's housing units. Other types of housing that are prevalent in Grantville include mobile homes or trailers ( 13.30%), duplexes, homes converted to apartments or other small apartment buildings ( 3.93%), and a few row houses and other attached homes ( 2.57%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Grantville. Owner-occupied housing accounts for 85.85% of Grantville's homes, and 67.95% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Grantville 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 Grantville built before 1939 ( 18.43%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.17%). There's also some housing in Grantville built between 2000 and later ( 11.90%).

Grantville Home Appreciation Rates

Appreciation rates for homes in Grantville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.79%, which ranks in the top 40% nationwide. This equates to an annual average Grantville house appreciation rate of 0.85%.

NeighborhoodScout's data show that during the latest twelve months, Grantville's appreciation rate, at 3.73%, has been at or slightly above the national average. In the latest quarter, Grantville's appreciation rate has been -0.77%, which annualizes to a rate of -3.06%.

Notably, Grantville's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$247,614

Grantville, PA HOME PRICES

Value Range
> $1,067,000 1.1
$800,001 - $1,067,000 0.2
$533,001 - $800,000 4.1
$427,001 - $533,000 7.7
$320,001 - $427,000 10.8
$213,001 - $320,000 34.3
$107,001 - $213,000 28.6
$53,001 - $107,000 7.4
$0 - $53,000 5.7

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
22.9227704207196 12.3671497584541

Number Of Homes And Apartments:
1,924

Grantville 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
50.99% 2.42% 7 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$812 / per month

Homeownership Rate

Homeownership
Owners 85.85
Renters 14.15
Vacant 7.39

Housing Market Details

 

Age of Homes

AGE OF Grantville HOMES
2000 or Newer 11.9
1970 - 1999 53.5
1940 - 1969 16.2
1939 or Older 18.4

Types of Homes

TYPE OF Grantville HOMES
Single-Family 78.5
Townhomes 2.6
Small Apt. Buildings 3.9
Apt. Complexes 1.7
Mobile Homes 13.3
Other 0.0

Home Size

SIZE OF Grantville HOMES
No Bedroom 0.45
1 Bedroom 3.34
2 Bedrooms 23.84
3 Bedrooms 44.30
4 Bedrooms 23.65
5 or more bedrooms 4.42

Popular Neighborhoods in Grantville

Zip Codes in Grantville, PA