Is Greene Township, 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 Township has remained a Seller's Market.
Key Takeaway
Greene Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greene Township, PA
How much do homes in Greene Township, PA cost?
Median Sold Price
$269,990
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Greene Township have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Greene Township was $269,990 in March 2024, up 2.9% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $27.5K | N/A |
| 2 Bedrooms | $190K | $205K | +7.9% |
| 3 Bedrooms | $245K | $250.5K | +2.2% |
| 4 Bedrooms | $342.4K | $385K | +12.4% |
| 5+ Bedrooms | $320K | $477.5K | +49.2% |
Summary: Greene Township 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 increased by 7.9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 49.2%.
Median Sold Price Compared To Nearby Cities
| Chambersburg | $236.7K | $264.2K | +11.6% |
| Southampton Township | $410K | $444.7K | +8.5% |
| Greene Township | $262.5K | $269.9K | +2.9% |
| Fayetteville | $270K | $275K | +1.9% |
Housing Supply in Greene Township, PA
How many homes are available in Greene Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 81 | 73 | -9.9% |
Summary: The Greene Township real estate market had 73 homes for sale in March 2024, a 9.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 37 | 34 | -8.1% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Greene Township 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 27.3%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greene Township, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in Greene Township in March 2024, up by 41.7% month-over-month. Of the 17 sold homes, 18% were sold under asking, 47% were sold at asking, and 35% were sold over asking.
Days on Market for Greene Township, PA
How long does it take to sell a home in Greene Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 18 Days | -38.4% |
Summary: Homes in Greene Township had an average of 18 days on market in Mar 2024, down by 38.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Greene Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in Greene Township; 82% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
