Cranesville, PA housing market
The typical Cranesville home is worth about $237,000, up 6.6% in a year, 18% below the Pennsylvania typical home.
Home values, sales, trends and how Cranesville compares with the towns next door — updated as new data is published.
Cranesville at a glance
Typical home value, 2016–2026
Show as a table
| January | Cranesville | Pennsylvania |
|---|---|---|
| 2017 | $134,000 | $173,000 |
| 2018 | $139,000 | $181,000 |
| 2019 | $141,000 | $188,000 |
| 2020 | $149,000 | $198,000 |
| 2021 | $169,000 | $219,000 |
| 2022 | $182,000 | $240,000 |
| 2023 | $197,000 | $257,000 |
| 2024 | $204,000 | $268,000 |
| 2025 | $219,000 | $280,000 |
| 2026 | $227,000 | $287,000 |
| August 2026 | $237,000 | $290,000 |
2 new homes permitted in 2025
Builders were permitted 2 new homes in Cranesville in 2025, all single-family houses. Over the past 10 years, Cranesville has permitted 7 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Cranesville's population fell by 68 and no new homes were permitted. Across Pennsylvania: 1.4 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $30,000 |
| 2025 | 2 | 2 | 0 | $59,000 |
| 2024 | 2 | 2 | 0 | $59,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 1 | 1 | 0 | $30,000 |
| 2021 | 2 | 2 | 0 | $279,000 |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 2 | 2 | 0 | $223,000 |
| 2005 | 1 | 1 | 0 | $45,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 4 | 4 | 0 | $456,000 |
| 2000 | 4 | 4 | 0 | $309,000 |
Cranesville's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Cranesville and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Cranesville | $237K | +6.6% | $1,150 | 2 | $76,167 |
| Elk Creek | — | — | $1,120 | 12 | $86,250 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,150
HUD's Fair Market Rent for a two-bedroom in Cranesville is $1,150 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cranesville pay a median of $892, so moving in tends to cost more than staying put.
Studio $800 · 4 bedrooms $1,590
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (16401, 16410; Erie, PA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.