Is East Greenville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Greenville is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

East Greenville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Greenville, PA

How much do homes in East Greenville, PA cost?

Median Sold Price

$278,500

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,500(+7.1%)

Key Takeaway

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

Summary: The median home sold price in East Greenville was $278,500 in November 2024, up 7.1% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $215K$240K
+11.6%
3 $239.7K$262.2K
+9.4%
4 $399.9K$630K
+57.5%
5+ $550K$780K
+41.8%

Summary: East Greenville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 57.5%, and 5+ bedroom homes increased by 41.8%.

Median Sold Price Compared To Nearby Cities

Pennsburg
+11.7%
East Greenville
+7.1%
Upper Hanover Township
-9.8%

Housing Supply in East Greenville, PA

How many homes are available in East Greenville, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2015-25.0%

Summary: The East Greenville real estate market had 15 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 149
-35.7%
4 66
0.0%
5+ 00
0.0%

Summary: The East Greenville housing inventory by bedroom type for November 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 35.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
102-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Greenville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in East Greenville in November 2024, down by 80.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for East Greenville, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days28 Days+117.8%

Summary: Homes in East Greenville had an average of 28 days on market in Nov 2024, up by 117.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in East Greenville; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in East Greenville, PA

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