Is Greencastle, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greencastle is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Greencastle was a Seller's Market.

Key Takeaway

Greencastle is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Greencastle, PA

How much do homes in Greencastle, PA cost?

Median Sold Price

$305,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$13,800(+4.7%)

Key Takeaway

Homes in Greencastle have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Greencastle was $305,000 in September 2024, up 4.7% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $245K$219.9K
-10.2%
3 $252.7K$276.7K
+9.5%
4 $350.5K$344.1K
-1.8%
5+ $500K$505.7K
+1.1%

Summary: Greencastle housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 1.1%.

Median Sold Price Compared To Nearby Cities

Greencastle
+4.7%
Antrim Township
0.3%

Housing Supply in Greencastle, PA

How many homes are available in Greencastle, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6761-9.0%

Summary: The Greencastle real estate market had 61 homes for sale in September 2024, a 9.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 2824
-14.3%
4 2928
-3.4%
5+ 86
-25.0%

Summary: The Greencastle housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2210-54.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greencastle, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Greencastle in September 2024, down by 54.5% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.

Days on Market for Greencastle, PA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
30 Days13 Days-56.3%

Summary: Homes in Greencastle had an average of 13 days on market in Sep 2024, down by 56.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 10 homes were sold in Greencastle; 100% of homes were sold within 30 days, 0% 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 24 Days Ago

Newest Listings in Greencastle, PA

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