Is East Greenville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Greenville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, East Greenville was a Neutral Market.

Key Takeaway

East Greenville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Greenville, PA

How much do homes in East Greenville, PA cost?

Median Sold Price

$277,000

$174/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$40,750(-12.8%)

Key Takeaway

Homes in East Greenville have sold for 12.8% less than they did a month ago.

Summary: The median home sold price in East Greenville was $277,000 in March 2024, down 12.8% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $213K$240K
+12.7%
3 -$338.5K
N/A
4 $422.5K-
N/A
5+ --
N/A

Summary: East Greenville housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in East Greenville, PA

How many homes are available in East Greenville, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1316+23.1%

Summary: The East Greenville real estate market had 16 homes for sale in March 2024, a 23.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 59
+80.0%
4 44
0.0%
5+ 00
0.0%

Summary: The East Greenville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Greenville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in East Greenville in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for East Greenville, PA

How long does it take to sell a home in East Greenville, PA?

Average Sale Time

Feb 2024Mar 2024CHANGE
20 Days22 Days+10.6%

Summary: Homes in East Greenville had an average of 22 days on market in Mar 2024, up by 10.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Greenville are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in East Greenville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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