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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Greenfield has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Greenfield, PA

How much do homes in Greenfield, PA cost?

Median Sold Price

$230,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-2.1%)

Key Takeaway

Homes in Greenfield have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Greenfield was $230,000 in October 2024, down 2.1% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $66K-
N/A
2 $167.9K$176.7K
+5.2%
3 $237K$236.6K
-0.2%
4 $264K$276.5K
+4.7%
5+ $390K$203K
-47.9%

Summary: Greenfield 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 increased by 5.2%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 47.9%.

Median Sold Price Compared To Nearby Neighborhoods

Squirrel Hill
+10.3%
Squirrel Hill South
-0.6%
Hazelwood
-1.3%
Greenfield
-2.1%

Housing Supply in Greenfield, PA

How many homes are available in Greenfield, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3024-20.0%

Summary: The Greenfield real estate market had 24 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2215
-31.8%
4 45
+25.0%
5+ 01
+100.0%

Summary: The Greenfield 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 25%, 3 bedroom homes decreased by 31.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenfield, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Greenfield in October 2024, down by 58.3% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Greenfield, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days39 Days-11.2%

Summary: Homes in Greenfield had an average of 39 days on market in Oct 2024, down by 11.2% compared to last year.

Breakdown of Home Sale Times

2 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

Avg time on Rocket Homes in Greenfield has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Greenfield; 40% of homes were sold within 30 days, 60% 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 20 Days Ago

Newest Listings in Greenfield, PA

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