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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,119 people, 867 houses or apartments, and a median cost of homes of $427,157, Glen Rock real estate is some of the most expensive in Pennsylvania, although Glen Rock home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Glen Rock, accounting for 49.33% of the borough's housing units. Other types of housing that are prevalent in Glen Rock include large apartment complexes or high rise apartments ( 17.71%), row houses and other attached homes ( 17.59%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 15.37%).
The most prevalent building size and type in Glen Rock are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 51.21% owning and 48.79% renting.
The housing in Glen Rock was primarily built before 1939 ( 37.97%), making the housing stock in Glen Rock some of the oldest overall in America, although there is a range of ages of homes in Glen Rock. The next most important housing age is between 1970-1999 ( 34.86%), followed by between 1940-1969 ( 16.70%). There's also some housing in Glen Rock built between 2000 and later ( 10.47%).
Real estate appreciation rates in Glen Rock's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.87% during the period.
Appreciation rates are so strong in Glen Rock that despite a nationwide downturn in the housing market, Glen Rock real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Glen Rock appreciation rates continue to be some of the highest in America, at 9.63%, which is higher than appreciation rates in 85.26% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Glen Rock. Glen Rock appreciation rates in the latest quarter were at 2.69%, which equates to an annual appreciation rate of 11.20%.
Relative to Pennsylvania, our data show that Glen Rock's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.
$427,157
for Pennsylvania
for nation
867
$1,502 / per month