Grantville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Grantville, PA Real Estate Data


Grantville Housing Market Information

With 8,737 people, 1,855 houses or apartments, and a median cost of homes of $215,698, Grantville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Grantville, accounting for 77.83% of the town's housing units. Other types of housing that are prevalent in Grantville include mobile homes or trailers ( 15.09%), row houses and other attached homes ( 2.97%), and a few large apartment complexes or high rise apartments ( 2.31%).

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 87.04% of Grantville's homes, and 69.55% 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 between 1940-1969 ( 17.18%). A lesser amount of the housing stock also hails from before 1939 ( 16.35%). There's also some housing in Grantville built between 2000 and later ( 13.52%).

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 18.08%, which ranks in the top 30% nationwide. This equates to an annual average Grantville house appreciation rate of 1.68%.

Over the last year, Grantville appreciation rates have trailed the rest of the nation. In the last twelve months, Grantville's appreciation rate has been 4.23%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Grantville were at 2.42%, which equates to an annual appreciation rate of 10.03%.

Relative to Pennsylvania, our data show that Grantville's latest annual appreciation rate is higher than 50% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$215,698

Grantville, PA HOME PRICES

Value Range
> $1,087,000 0.6
$816,001 - $1,087,000 0.0
$543,001 - $816,000 4.8
$434,001 - $543,000 5.6
$326,001 - $434,000 10.3
$217,001 - $326,000 35.7
$109,001 - $217,000 22.9
$55,001 - $109,000 9.8
$0 - $55,000 10.4

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
29.4636060197927 18.0676328502415

Number Of Homes And Apartments:
1,855

Rent & Ownership

 

Average Market Rent:
$846 / per month

Homeownership Rate

Homeownership
Owners 87.04
Renters 12.96
Vacant 7.26

Housing Market Details

 

Age of Homes

AGE OF Grantville HOMES
2000 or Newer 13.5
1970 - 1999 53.0
1940 - 1969 17.2
1939 or Older 16.4

Types of Homes

TYPE OF Grantville HOMES
Single-Family 77.8
Townhomes 3.0
Small Apt. Buildings 1.8
Apt. Complexes 2.3
Mobile Homes 15.1
Other 0.0

Home Size

SIZE OF Grantville HOMES
No Bedroom 0.41
1 Bedroom 4.13
2 Bedrooms 20.99
3 Bedrooms 45.59
4 Bedrooms 23.96
5 or more bedrooms 4.91

Grantville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
58.33% 2.74% 8 7
* 10 is highest

Popular Neighborhoods in Grantville

Zip Codes in Grantville, PA