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Featured local agent — Greencastle, PA
Sarah Mitchell
Compass Real Estate · Greencastle, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Greencastle, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$247,400median sale price
How is the Greencastle, PA housing market right now?
The median home sale price in Greencastle, PA is $247,400, down 11.7% year-over-year. Homes sell in an average of 27 days with 9 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Greencastle a buyer's or seller's market?
Greencastle, PA is currently a strong seller's market, based on 1.1 months of supply and homes selling in about 27 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
27
Average pace
Active listings
9
1.1 months supply
Sale-to-list
100.6%
Above asking
What does the Greencastle housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $247,400 |
| Median list price | $369,900 |
| Year-over-year price change | -11.7% |
| Average days on market | 27 days |
| Active inventory | 9 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $117/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 7 |
| Listings with a price cut | 22.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Greencastle by property type?
How the Greencastle, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $250,000 | $115/sq ft | 5 | 60 days |
| Townhouse | $246,800 | $139/sq ft | 2 | 20 days |
Source: Redfin · Updated monthly
The Greencastle housing market is currently classified as a strong seller's market with a median sale price of $247,400. Prices have fallen 11.7% compared to last year, with homes spending an average of 27 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Greencastle
There are currently 9 homes listed for sale in Greencastle, Pennsylvania. The median listing price is $370K.
Active listings
9
Homes on market
Median list price
$370K
Avg. days on market
27
Days until sale
New this week
7
Newly listed
Who lives in Greencastle?
Population
4,237
Median income
$74,725/yr
Median age
42.6 years
Owner-occupied
65.0%
College grads
29.2%
Avg commute
18.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Greencastle?
Zillow home value
$334,942
Zillow rent index
$1,398/mo
Price-to-rent ratio
20.0x
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Greencastle?
Greencastle is a community of approximately 4K residents with a median age of 42.6 years.The median household income is $74,725, which represents a working-class community with solid middle-income opportunities. 29.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.0%, showing a blend of owner and renter-occupied properties. The average commute time is 18.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Greencastle offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Greencastle?
4 schools tracked · 2,965 students
The largest public schools serving Greencastle, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Greencastle-Antrim SHS
Grades 9-12 · 1,057 students
Greencastle-Antrim MS
Grades 6-8 · 672 students
Greencastle-Antrim El Sch
Grades 3-5 · 661 students
Greencastle-Antrim Primary Sch
Grades K-2 · 575 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Greencastle, PA?
Want a head-to-head view? Compare Greencastle side-by-side with any other U.S. city using our market-comparison tool.
Is Greencastle a good real estate investment market?
For investors evaluating Greencastle, the price-to-rent ratio of 20.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 11.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Greencastle's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Greencastle's median home price.
Frequently asked questions
What is the average home price in Greencastle?
The median home sale price in Greencastle is $247,400, down 11.7% from last year.
How long do homes stay on market in Greencastle?
Homes typically spend 27 days on market before going under contract.
What is the median income in Greencastle?
The median household income is $74,725 per year.
Is Greencastle a buyer's or seller's market?
With 1.1 months of supply, Greencastle is currently a strong seller's market.
What is the Zillow home value estimate for Greencastle?
The Zillow Home Value Index (ZHVI) for Greencastle is $334,942, representing the typical home value in the area.
How much does a single-family home cost in Greencastle?
The median single-family home price in Greencastle, PA is $250,000 (about $115 per square foot).
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