Is Greene Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greene Township is a seller's market

Buyer's
Market

Difference Since December 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

$290,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$23,750(+8.9%)

Key Takeaway

Homes in Greene Township have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Greene Township was $290,000 in December 2024, up 8.9% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $25K$50K
+100.0%
2 $190K$221.2K
+16.4%
3 $254K$259.7K
+2.2%
4 $359K$410K
+14.2%
5+ $433K$525K
+21.2%

Summary: Greene Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 21.2%.

Median Sold Price Compared To Nearby Cities

Greene Township
+8.9%
Southampton Township
+7.7%
Chambersburg
+3.9%
Fayetteville
-3.4%

Housing Supply in Greene Township, PA

How many homes are available in Greene Township, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6459-7.8%

Summary: The Greene Township real estate market had 59 homes for sale in December 2024, a 7.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 106
-40.0%
3 2626
0.0%
4 2624
-7.7%
5+ 23
+50.0%

Summary: The Greene Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greene Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Greene Township in December 2024, down by 7.7% month-over-month. Of the 12 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Dec 2023Dec 2024CHANGE
62 Days21 Days-66.1%

Summary: Homes in Greene Township had an average of 21 days on market in Dec 2024, down by 66.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 12 homes were sold in Greene Township; 75% of homes were sold within 30 days, 25% 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 4 Days Ago

Newest Listings in Greene Township, PA

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