$1,389 Closing Credit*
$117,000
3 Beds
•1 Full Bath
Daniel Demers, Listing Office: Sell Your Home Services
Is Greensburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Greensburg has remained a Seller's Market.
Key Takeaway
Greensburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greensburg, PA
How much do homes in Greensburg, PA cost?
Median Sold Price
$234,433
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,909(+3.5%)
Key Takeaway
Homes in Greensburg have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Greensburg was $234,433 in November 2024, up 3.5% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71K | $115K | +61.9% |
| 2 Bedrooms | $140K | $170K | +21.4% |
| 3 Bedrooms | $223K | $219.9K | -1.4% |
| 4 Bedrooms | $314.2K | $365K | +16.1% |
| 5+ Bedrooms | $335K | $344K | +2.7% |
Summary: Greensburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.9%, 2 bedroom homes increased by 21.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
| Hempfield Township | $235K | $249K | +6.0% |
| Greensburg | $226.5K | $234.4K | +3.5% |
Housing Supply in Greensburg, PA
How many homes are available in Greensburg, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 209 | 197 | -5.7% |
Summary: The Greensburg real estate market had 197 homes for sale in November 2024, a 5.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 23 | 20 | -13.0% |
| 3 Bedrooms | 112 | 111 | -0.9% |
| 4 Bedrooms | 60 | 53 | -11.7% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Greensburg 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 decreased by 13%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 45 | +9.8% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greensburg, you may be able to get a good deal. 71.1% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in Greensburg in November 2024, up by 9.8% month-over-month. Of the 45 sold homes, 71% were sold under asking, 18% were sold at asking, and 11% were sold over asking.
Days on Market for Greensburg, PA
How long does it take to sell a home in Greensburg, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 39 Days | +59.0% |
Summary: Homes in Greensburg had an average of 39 days on market in Nov 2024, up by 59% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greensburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 45 homes were sold in Greensburg; 56% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.