$10,000 Closing Credit*
$1,200,000
5,494 SqFt
3 Beds
•1 Full Bath, 1 Partial
Daniel J. Smith, Listing Office: Keller Williams Real Estate-Montgomeryville
Is Green Lane, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Green Lane was a Neutral Market.
Key Takeaway
Green Lane is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Green Lane, PA
How much do homes in Green Lane, PA cost?
Median Sold Price
$408,500
$260/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$344,500(+538.3%)
Key Takeaway
Homes in Green Lane have sold for 538.3% more than they did a month ago.
Summary: The median home sold price in Green Lane was $408,500 in October 2024, up 538.3% from last month, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $408.5K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Green Lane housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Green Lane | $64K | $408.5K | +538.3% |
| Upper Frederick Township | $335K | $334K | -0.3% |
Housing Supply in Green Lane, PA
How many homes are available in Green Lane, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Summary: The Green Lane real estate market had 10 homes for sale in October 2024, a 66.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Green Lane housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Green Lane, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Green Lane in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Green Lane, PA
How long does it take to sell a home in Green Lane, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 Days | 9 Days | -87.2% |
Summary: Homes in Green Lane had an average of 9 days on market in Oct 2024, down by 87.2% compared to last month.
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
Key Takeaway
Many homes in Green Lane are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Green Lane; 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.
