Is Greene County, 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, Greene County has remained a Seller's Market.
Key Takeaway
Greene County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greene County, PA
How much do homes in Greene County, PA cost?
Median Sold Price
$166,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Greene County have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Greene County was $166,000 in March 2024, up 3.2% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.9K | $21.5K | -66.9% |
| 2 Bedrooms | $104.9K | $105.5K | 0.5% |
| 3 Bedrooms | $165K | $180K | +9.1% |
| 4 Bedrooms | $214K | $297.4K | +39.0% |
| 5+ Bedrooms | $177.5K | $257.5K | +45.1% |
Summary: Greene County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 66.9%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 39%, and 5+ bedroom homes increased by 45.1%.
Median Sold Price Compared To Nearby Counties
| Greene County | $160.8K | $166K | +3.2% |
| Washington County | $239.2K | $245.3K | +2.6% |
| Fayette County | $162.4K | $160.5K | -1.2% |
Housing Supply in Greene County, PA
How many homes are available in Greene County, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 71 | 83 | +16.9% |
Summary: The Greene County real estate market had 83 homes for sale in March 2024, a 16.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 21 | +40.0% |
| 3 Bedrooms | 36 | 39 | +8.3% |
| 4 Bedrooms | 15 | 20 | +33.3% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Greene County 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 increased by 40%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greene County, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Greene County in March 2024, up by 40.0% month-over-month. Of the 14 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Greene County, PA
How long does it take to sell a home in Greene County, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 89 Days | 90 Days | +1.3% |
Summary: Homes in Greene County had an average of 90 days on market in Mar 2024, up by 1.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Greene County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 14 homes were sold in Greene County; 43% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
