Is Greencastle, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Greencastle has remained a Buyer's Market.
Key Takeaway
Greencastle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greencastle, PA
How much do homes in Greencastle, PA cost?
Median Sold Price
$305,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Greencastle have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Greencastle was $305,000 in March 2024, up 8.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $254.7K | $222.5K | -12.7% |
| 3 Bedrooms | $270.5K | $266K | -1.7% |
| 4 Bedrooms | $279.9K | $355K | +26.8% |
| 5+ Bedrooms | $379.9K | $502.5K | +32.3% |
Summary: Greencastle housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.7%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 26.8%, and 5+ bedroom homes increased by 32.3%.
Median Sold Price Compared To Nearby Cities
| Greencastle | $279.9K | $305K | +8.9% |
| Antrim Township | $311.3K | $312.4K | 0.4% |
Housing Supply in Greencastle, PA
How many homes are available in Greencastle, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 120 | 123 | +2.5% |
Summary: The Greencastle real estate market had 123 homes for sale in March 2024, a 2.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 61 | 60 | -1.6% |
| 4 Bedrooms | 45 | 45 | 0.0% |
| 5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The Greencastle 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 remained the same, 3 bedroom homes decreased by 1.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greencastle, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Greencastle in March 2024, down by 6.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 25 Days | 36 Days | +43.8% |
Summary: Homes in Greencastle had an average of 36 days on market in Mar 2024, up by 43.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greencastle are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in Greencastle; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
