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 June 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

$299,831

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$19,831(+7.1%)

Key Takeaway

Homes in Greencastle have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Greencastle was $299,831 in June 2024, up 7.1% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $254.7K$225K
-11.7%
3 $256.4K$270.4K
+5.5%
4 $351K$349.9K
-0.3%
5+ $506K$505K
-0.2%

Summary: Greencastle housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.7%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 0.2%.

Median Sold Price Compared To Nearby Cities

Greencastle
+7.1%
Antrim Township
-0.1%

Housing Supply in Greencastle, PA

How many homes are available in Greencastle, PA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
6762-7.5%

Summary: The Greencastle real estate market had 62 homes for sale in June 2024, a 7.5% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2925
-13.8%
4 2626
0.0%
5+ 87
-12.5%

Summary: The Greencastle housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

May 2024Jun 2024CHANGE
209-55.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greencastle, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Greencastle in June 2024, down by 55.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 44% were sold at asking, and 33% 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

Jun 2023Jun 2024CHANGE
22 Days10 Days-53.4%

Summary: Homes in Greencastle had an average of 10 days on market in Jun 2024, down by 53.4% compared to last year.

Breakdown of Home Sale Times

9 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 June 2024, 9 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 18 Days Ago

Newest Listings in Greencastle, PA

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