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Featured local agent — Mount Gretna, PA
Sarah Mitchell
Compass Real Estate · Mount Gretna, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mount Gretna, PA Housing Market
The typical home in Mount Gretna, PA is worth $434,318, rose 4.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $502,465 (through May 2026). With homes going under contract in about 5 days, Mount Gretna is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $434,318 home is about $2,319/mo in principal and interest.
Key numbers for Mount Gretna, PA
Typical home value
$434,318
+4.3% in 12 months
Zillow, August 2026
Median sale price
$502,465
Last published period
Redfin, through May 2026
Days on market
5
Fast-moving
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$108,125
Home costs 4.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.5%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Mount Gretna a buyer's or seller's market?
Mount Gretna, PA is a balanced market and homes selling in about 5 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Mount Gretna housing market data show?
Every row below is Redfin's final published month for Mount Gretna, PA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $502,465 |
| Median list price | $550,000 |
| Median price per sq ft | $324/sq ft |
| Median days on market | 5 days |
| Sale-to-list price ratio | 98.5% |
| Homes sold (that month) | 2 |
| New listings (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Mount Gretna is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Mount Gretna is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Mount Gretna home prices moved?
Over the last three years the median sale price in Mount Gretna, PA rose 22.1%, from $411,600 to $502,465. The live Zillow value series has rose 4.3% in the last 12 months, which is the more current read now that Redfin's series has stopped.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Mount Gretna?
Priced off the typical home value of $434,318 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $86,864 | $347,454 | $2,319/mo |
| 5% | $21,716 | $412,602 | $2,753/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,319, that implies roughly $99,370 a year before you add taxes and insurance. The median household in Mount Gretna earns $108,125, about $8,755 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.0x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Mount Gretna in the next 12 months?
Tell us your timeline. We send the Mount Gretna market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Mount Gretna?
Zillow does not publish a rent index (ZORI) for Mount Gretna, PA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Mount Gretna?
Active listings in Mount Gretna, PA went from 2 in March 2024 to 3 in December 2025, a +50.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| April 2024 | 1 | 1 |
| July 2024 | 1 | 2 |
| February 2025 | 2 | not published |
| March 2025 | 2 | not published |
| April 2025 | 3 | 2 |
| June 2025 | 2 | not published |
| July 2025 | 2 | 2 |
| August 2025 | 1 | 1 |
| September 2025 | 2 | 2 |
| October 2025 | 1 | not published |
| November 2025 | 2 | 1 |
| December 2025 | 3 | not published |
Redfin, through December 2025
How does Mount Gretna compare to Pennsylvania and the U.S.?
Mount Gretna homes sell for $502,465 — 52% above the Pennsylvania median of $330,200. Against the national median of $410,700, Mount Gretna runs 22% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Mount Gretna, PA | $502,465 | not published | 5 days |
| Pennsylvania statewide | $330,200 | +5.3% | 30 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Mount Gretna
What buyers should watch
- The gap between 5% and 20% down here is $435 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $434,318 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Mount Gretna listing goes under contract in 5 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.5% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Mount Gretna added 1 new listings against 2 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +4.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Mount Gretna varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Mount Gretna
Explore homes currently listed for sale in Mount Gretna, Pennsylvania across major real estate platforms.
How much do homes cost in Mount Gretna by property type?
How the Mount Gretna, PA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $502,465 | $324/sq ft | 2 | 5 days |
| Townhouse | $240,000 | $200/sq ft | 1 | 187 days |
Who lives in Mount Gretna?
American Community Survey estimates for Mount Gretna. U.S. Census ACS, 2023
Population
197
Households
98
Median income
$108,125/yr
Median age
65.8 years
Owner-occupied
85.7%
Median home value
$373,500
Mean commute
24.6 min
85.7% of occupied homes in Mount Gretna are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $373,500 against Zillow's $434,318 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Mount Gretna, PA?
Ordered by distance from Mount Gretna, not by size. Compare Mount Gretna side by side with any of them.
Mount Gretna housing market FAQ
Is Mount Gretna a buyer's or seller's market?
Mount Gretna, PA is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Mount Gretna?
The typical home in Mount Gretna, PA is worth $434,318 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $502,465, about $324 per square foot.
Is Mount Gretna cheaper than the rest of Pennsylvania?
Mount Gretna's median sale price of $502,465 is 52% higher than the Pennsylvania statewide median of $330,200, and 22% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Mount Gretna?
Homes in Mount Gretna, PA spent a median of 5 days on market before going under contract, versus 30 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Mount Gretna?
At the current 30-year fixed rate of 7.03%, 20% down on a $434,318 home is about $2,319 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $99,370 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $108,125.
Are home prices rising in Mount Gretna?
The typical home value in Mount Gretna, PA rose 4.3% over the last 12 months, from $416,383 to $434,318 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Mount Gretna?
Mount Gretna ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Mount Gretna?
That depends on your timeline, not on a headline. What the data says today: Mount Gretna, PA is a balanced market, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $434,318, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.