Granville Summit, PA—16926
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Granville Summit, PA
As of Oct '25, the median home price in Granville Summit, PA is $216,000, with a year-over-year change of 5.9%. This indicates that home prices in Granville Summit, PA are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $216,000 | 5.9% |
| Single Family | $216,000 | 5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $227,000 | 4.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Granville Summit, PA
Granville Summit, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Granville Summit, PA
Granville Summit, PA lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Granville Summit, PA
As of the latest ACS Survey released in 2023, Granville Summit, PA has a population of 879, which has decreased by -8.6% over the past 5 years. Granville Summit, PA is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 879 | -8.6% |
% Under 18 | 24.7% | 14.9% |
% Seniors | 23.4% | 29.3% |
% WFH | 20.4% | 500.0% |
% w/ College Degree | 22.4% | 31.0% |
As of the latest ACS Survey released in 2023, Granville Summit, PA is a predominantly white area, with 97.4% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Granville Summit, PA is black, making up 1.0% of the population. Foreign-born residents account for 0.2% of the population in Granville Summit, PA, and this percentage has decreased by 60.0% 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 | 97.4% | 0.0% |
% Black | 1.0% | 233.3% |
% Hispanic | 0.2% | -87.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | -60.0% |
Mortgage and Risk — Granville Summit, PA
According to HUD data as of 2023, there were 51 mortgage originations in Granville Summit, PA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Granville Summit, PA. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Granville Summit, PA
Granville Summit, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Granville Summit, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $216,000 |
| Median Household Income | $72,300 |