menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Pine Grove, 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 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Pine Grove, PA Housing Market Trends

With a population of 2,055, 945 total housing units (homes and apartments), and a median house value of $126,517, house prices in Pine Grove are some of the most affordable in Pennsylvania as well as the nation.

Single-family detached homes are the single most common housing type in Pine Grove, accounting for 55.02% of the borough's housing units. Other types of housing that are prevalent in Pine Grove include row houses and other attached homes ( 16.17%), duplexes, homes converted to apartments or other small apartment buildings ( 15.89%), and a few large apartment complexes or high rise apartments ( 12.25%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pine Grove. Owner-occupied housing accounts for 68.40% of Pine Grove's homes, and 48.04% have either three or four bedrooms, which is average sized relative to America.

The housing in Pine Grove was primarily built before 1939 ( 60.96%), making the housing stock in Pine Grove some of the oldest overall in America, although there is a range of ages of homes in Pine Grove. The next most important housing age is between 1940-1969 ( 20.96%), followed by between 1970-1999 ( 13.68%). There's also some housing in Pine Grove built between 2000 and later ( 4.40%).

Pine Grove Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Pine Grove, where house values have increased just 43.51%, which is annualized rate of 3.68%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Pine Grove appreciation rates have trailed the rest of the nation. In the last twelve months, Pine Grove's appreciation rate has been 4.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pine Grove were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

Median Home Value

$126,517

Pine Grove, PA Home Prices
> $1,171,000
$879,001 - $1,171,000
$586,001 - $879,000
$469,001 - $586,000
$351,001 - $469,000
$234,001 - $351,000
$117,001 - $234,000
$59,001 - $117,000
$0 - $59,000
0.8%
0.8%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
4.2%
4.2%
14.2%
14.2%
34.3%
34.3%
31.8%
31.8%
14.8%
14.8%
0% 100.0%
% of Homes
Very Low

for Pennsylvania

Very Low

for nation

Number of Homes And Apartments:

945

Pine Grove Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,075 / per month

Homeownership Rate

Owners
Renters
68.4%
68.4%
31.6%
31.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.6%
9.6%
90.4%
90.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
4.4%
4.4%
13.7%
13.7%
21.0%
21.0%
61.0%
61.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
55.0%
55.0%
16.2%
16.2%
15.9%
15.9%
12.2%
12.2%
0.7%
0.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.7%
1.7%
18.7%
18.7%
27.4%
27.4%
38.6%
38.6%
9.5%
9.5%
4.2%
4.2%
0% 100.0%
% of Homes