Pine Grove, PA—17963
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pine Grove, PA
As of Oct '25, the median home price in Pine Grove, PA is $243,000, with a year-over-year change of 5.1%. This indicates that home prices in Pine Grove, PA are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $243,000 | 5.1% |
| Single Family | $244,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $201,000 | 5.2% |
3 Bed | $246,000 | 4.7% |
4 Bed | $316,000 | 4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pine Grove, PA
As of July '25, Rentcast reports the average rent in Pine Grove, PA is $1,120, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Pine Grove, PA is 1-bedrooms: $873, 2-bedrooms: $1,120, 3-bedrooms: $1,370. The most common rental property sizes in Pine Grove, PA are 2-bedroom and 1-bedroom, accounting for 42.3% and 23.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $873 |
| 2 Bed Rent | $1,200 | $1,120 |
| 3 Bed Rent | $1,500 | $1,370 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pine Grove, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pine Grove, PA is 35. This is a decrease of -35.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -26.0% |
Listing Count | 19 | -10.0% |
| Listings as % of Homes | 0.3% | -10.0% |
Days on Market | 35 | -35.0% |
Demographics — Pine Grove, PA
As of the latest ACS Survey released in 2023, Pine Grove, PA has a population of 9,440, which has increased by 6.7% over the past 5 years. Pine Grove, PA is a moderately popular place for families, as children make up 18.1% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,440 | 6.7% |
% Under 18 | 18.1% | -18.8% |
% Seniors | 26.2% | 37.2% |
% WFH | 7.2% | 75.6% |
% w/ College Degree | 17.5% | 10.8% |
As of the latest ACS Survey released in 2023, Pine Grove, PA is a predominantly white area, with 96.8% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Pine Grove, PA is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.3% of the population in Pine Grove, PA, and this percentage has decreased by 72.7% 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 | 96.8% | 0.6% |
% Black | 0.3% | -72.7% |
% Hispanic | 1.8% | 20.0% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 0.3% | -72.7% |
Mortgage and Risk — Pine Grove, PA
According to HUD data as of 2023, there were 155 mortgage originations in Pine Grove, PA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Pine Grove, PA. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 155 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Pine Grove, PA
Pine Grove, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $900 | $860 |
| 2 Bedroom | -$90 | $1,200 | $1,110 |
| 3 Bedroom | -$100 | $1,500 | $1,400 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Pine Grove, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $243,000 |
| Median Household Income | $74,300 |