Is Grantville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grantville is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Grantville was a Neutral Market.

Key Takeaway

Grantville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Grantville, PA

How much do homes in Grantville, PA cost?

Median Sold Price

$395,500

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,000(+4.8%)

Key Takeaway

Homes in Grantville have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Grantville was $395,500 in October 2024, up 4.8% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $245K$121.7K
-50.3%
3 $261.5K$377.5K
+44.3%
4 $392.5K$415K
+5.7%
5+ $760K$587.5K
-22.7%

Summary: Grantville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 50.3%, 3 bedroom homes increased by 44.3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 22.7%.

Median Sold Price Compared To Nearby Cities

Grantville
+4.8%
West Hanover Township
+4.7%
Annville
+3.0%

Housing Supply in Grantville, PA

How many homes are available in Grantville, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The Grantville real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 21
-50.0%
4 44
0.0%
5+ 11
0.0%

Summary: The Grantville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grantville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Grantville in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Grantville, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days14 Days+21.7%

Summary: Homes in Grantville had an average of 14 days on market in Oct 2024, up by 21.7% compared to last year.

Breakdown of Home Sale Times

2 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 Grantville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Grantville; 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 14 Days Ago

Newest Listings in Grantville, PA

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