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 2,805 people, 929 houses or apartments, and a median cost of homes of $413,717, West Grove real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in West Grove, accounting for 62.63% of the borough's housing units. Other types of housing that are prevalent in West Grove include row houses and other attached homes ( 21.73%), large apartment complexes or high rise apartments ( 7.82%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.82%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in West Grove. Owner-occupied housing accounts for 68.68% of West Grove's homes, and 66.92% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in West Grove 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 West Grove built before 1939 ( 29.55%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.02%). There's also some housing in West Grove built between 2000 and later ( 11.35%).
Appreciation rates for homes in West Grove have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 90.84%, which ranks in the top 50% nationwide. This equates to an annual average West Grove house appreciation rate of 6.68%.
Appreciation rates are so strong in West Grove that despite a nationwide downturn in the housing market, West Grove real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, West Grove appreciation rates continue to be some of the highest in America, at 6.10%, which is higher than appreciation rates in 82.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in West Grove. West Grove appreciation rates in the latest quarter were at 2.03%, which equates to an annual appreciation rate of 8.37%.
Relative to Pennsylvania, our data show that West Grove's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.
$413,717
for Pennsylvania
for nation
929
$2,563 / per month