The housing market in Spring Grove, PA is very strong with the median house value being $258,100. This is significantly lower than the US median value of $338,100 yet has seen a higher appreciation rate over the past year, at 9.11%. This is 1.84% higher than the US average of 8.27%, indicating that homes in Spring Grove are gaining more in value compared to the nation as a whole. These figures signify that Spring Grove houses are good investments and will likely continue to rise in value over time.
The median home cost in Spring Grove is $258,100. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Spring Grove is up 13.7%.
Average Age of Homes
- The median age of Spring Grove real estate is 60 years old
The Rental Market in Spring Grove
- Renters make up 36.2% of the Spring Grove population
- 0.0% of houses and apartments in Spring Grove, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.