Grove City, PA—16127
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grove City, PA
As of Oct '25, the median home price in Grove City, PA is $224,000, with a year-over-year change of 0.2%. This indicates that home prices in Grove City, PA are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $224,000 | 0.2% |
| Single Family | $222,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $175,000 | 5.4% |
3 Bed | $243,000 | 4.3% |
4 Bed | $318,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Grove City, PA
As of July '25, Rentcast reports the average rent in Grove City, PA is $1,110, with a year-over-year rent change of 15.1%. Per bedroom, the median rent as of July '25 in Grove City, PA is 1-bedrooms: $795, 2-bedrooms: $1,220, 3-bedrooms: $1,180. The most common rental property sizes in Grove City, PA are 2-bedroom and 1-bedroom, accounting for 34.7% and 34.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,110 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $810 | $795 |
| 2 Bed Rent | $1,200 | $1,220 |
| 3 Bed Rent | $1,100 | $1,180 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Grove City, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Grove City, PA is 55. This is a increase of 67.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | -5.0% |
Listing Count | 38 | 5.0% |
| Listings as % of Homes | 0.3% | 5.0% |
Days on Market | 55 | 67.0% |
Demographics — Grove City, PA
As of the latest ACS Survey released in 2023, Grove City, PA has a population of 15,300, which has decreased by -2.4% over the past 5 years. Grove City, PA is a moderately popular place for families, as children make up 17.1% of the population. The area has a moderately educated workforce, with 36.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,300 | -2.4% |
% Under 18 | 17.1% | -13.2% |
% Seniors | 18.4% | 7.6% |
% WFH | 12.6% | 65.8% |
% w/ College Degree | 36.8% | 5.4% |
As of the latest ACS Survey released in 2023, Grove City, PA is a predominantly white area, with 92.0% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Grove City, PA is black, making up 1.6% of the population. Foreign-born residents account for 1.1% of the population in Grove City, PA, and this percentage has decreased by 52.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.0% | -0.4% |
% Black | 1.6% | -50.0% |
% Hispanic | 1.4% | -26.3% |
% Asian | 1.3% | 116.7% |
% Foreign Born | 1.1% | -52.2% |
Mortgage and Risk — Grove City, PA
According to HUD data as of 2023, there were 276 mortgage originations in Grove City, PA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Grove City, PA. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 276 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Grove City, PA
Grove City, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 205 |
Total Units Section 8 | 205 |
% Rentals under Section 8 | 14.5% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $810 | $740 |
| 2 Bedroom | -$270 | $1,200 | $930 |
| 3 Bedroom | $190 | $1,100 | $1,290 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Grove City, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $224,000 |
| Median Household Income | $69,800 |