What is the median home value in Springhill Township (Fayette County), PA?
The median value of owner-occupied homes in Springhill Township (Fayette County), PA is $115,700 (±$52,465), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Springhill Township (Fayette County), the median home value went from $107,500 in 2015–2019 to $115,700 in 2020–2024 (+7.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $115,700 (±$52,465)
- Owner-occupied homes
- 809 (±112)
- Most common range
- Less than $50,000
Home values in Springhill Township (Fayette County)
| Value | Springhill Township (Fayette County) | Fayette County | Pennsylvania | United States |
|---|---|---|---|---|
| Less than $50,000 | 30.0% (±14.4 points) | 13.2% | 5.5% | 5.3% |
| $50,000 to $99,999 | 14.5% (±5.8 points) | 21.5% | 8.4% | 6.1% |
| $100,000 to $149,999 | 11.6% (±6.2 points) | 17.3% | 9.6% | 6.8% |
| $150,000 to $199,999 | 9.3% (±4.7 points) | 14.4% | 12.8% | 9.0% |
| $200,000 to $299,999 | 22.9% (±10.0 points) | 18.4% | 22.9% | 17.8% |
| $300,000 to $499,999 | 9.6% (±6.4 points) | 12.0% | 25.9% | 26.9% |
| $500,000 to $999,999 | 0.7% (±1.2 points) | 2.8% | 12.8% | 20.9% |
| $1,000,000 or more | 1.4% (±2.0 points) | 0.4% | 2.1% | 7.1% |
The most common range is Less than $50,000, 30.0% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Springhill Township (Fayette County) against Fayette County, its state and the nation
| Springhill Township (Fayette County) | Fayette County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median home value | $115,700 (±$52,465) | $143,200 (±$5,445) | $254,500 (±$767) | $332,700 |
| Owner-occupied homes | 809 (±112) | 39,947 (±866) | 3,656,971 (±15,249) | 84,210,142 |
In Springhill Township (Fayette County), the median home value is not measurably different from Fayette County ($143,200).
It is also lower than in Pennsylvania ($254,500).
It is lower than the national figure ($332,700).
In Fayette County, Springhill Township (Fayette County) ranks 26 of 41 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 2185 of 2,541.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Springhill Township (Fayette County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $107,500 (±$39,331) | $115,700 (±$52,465) | +7.6% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,216 (±$152) | $1,132 (±$228) | −6.9% | Down after inflation |
| Median real estate taxes | $954 (±$163) | $1,246 (±$212) | +30.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Springhill Township (Fayette County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Springhill Township (Fayette County) | — | $115,700 (±$52,465) | — |
| Point Marion | 3.4 mi | $88,800 (±$13,203) | Not measurably different |
| Smithfield | 3.7 mi | $173,200 (±$36,549) | Not measurably different |
| Nicholson Township (Fayette County) | 4.3 mi | $147,800 (±$21,188) | Not measurably different |
| Greensboro | 4.6 mi | $82,500 (±$53,061) | Not measurably different |
| Cheat Lake | 6.3 mi | $367,600 (±$24,716) | Higher |
| Fairchance | 6.8 mi | $169,100 (±$31,918) | Not measurably different |
| Monongahela Township | 6.9 mi | $100,000 (±$33,083) | Not measurably different |
| Georges Township | 7.0 mi | $148,500 (±$41,411) | Not measurably different |
Nearby places with a measurably higher figure: Cheat Lake, WV ($367,600).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Fayette County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 20 | Springfield Township (Fayette County) | $131,300 (±$40,709) |
| 21 | Luzerne Township | $128,500 (±$19,510) |
| 22 | Masontown | $126,300 (±$16,149) |
| 23 | Franklin Township (Fayette County) | $124,400 (±$66,045) |
| 24 | German Township | $123,200 (±$27,201) |
| 25 | Connellsville | $122,900 (±$19,247) |
| 26 | Springhill Township (Fayette County) | $115,700 (±$52,465) |
| 27 | Newell | $115,300 (±$9,333) |
| 28 | Connellsville Township | $115,000 (±$15,974) |
| 29 | South Connellsville | $112,000 (±$16,236) |
| 30 | Vanderbilt | $102,900 (±$15,027) |
| 31 | Markleysburg | $100,000 (±$58,991) |
| 32 | Upper Tyrone Township | $98,700 (±$14,530) |
Showing 13 of 41 places in Fayette County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Springhill Township (Fayette County)
What is the average home value in Springhill Township (Fayette County), PA?
The Census Bureau publishes the median: $115,700 (±$52,465) for owner-occupied homes in Springhill Township (Fayette County) (2020–2024 American Community Survey).
Have home values in Springhill Township (Fayette County) gone up?
In Springhill Township (Fayette County), the median home value went from $107,500 in 2015–2019 to $115,700 in 2020–2024 (+7.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Springhill Township (Fayette County) sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Springhill township, Fayette County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Springhill township, Fayette County, Pennsylvania
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Springhill township, Fayette County, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Springhill township, Fayette County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Springhill township, Fayette County, Pennsylvania (county subdivision:73240, in state:42 county:051).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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