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Featured local agent — Southwest Greensburg, PA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Southwest Greensburg, PA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Southwest Greensburg, PA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Southwest Greensburg, PA Housing Market

Seller's market+0.6% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $167,000, +0.6% year over year (through May 2026). With 0.4 months of supply and homes going under contract in about 99 days, Southwest Greensburg is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $167,000 home is about $892/mo in principal and interest.

Key numbers for Southwest Greensburg, PA

Median sale price

$167,000

+0.6% year over year

Redfin, through May 2026

Days on market

99

Slow-moving

Redfin, through May 2026

Active listings

3

0.4 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$63,125

Home costs 2.6x income

U.S. Census ACS, 2023

Sale-to-list ratio

96.1%

Selling below asking

Redfin, through May 2026

Zillow figures 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 Southwest Greensburg a buyer's or seller's market?

Seller's market0.4 months of supply99 days on market96.1% of asking

Southwest Greensburg, PA is a seller's market, based on 0.4 months of supply and homes selling in about 99 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Southwest Greensburg housing market data show?

Every row below is Redfin's final published month for Southwest Greensburg, PA. Redfin, through May 2026

Housing market statistics for Southwest Greensburg, PA, Redfin through May 2026
MetricValue
Median sale price$167,000
Median list price$176,000
Year-over-year price change+0.6%
Median days on market99 days
Active inventory3 listings
Months of supply0.4 months
Sale-to-list price ratio96.1%
Homes sold (that month)7
New listings (that month)3
Listings with a price cut33.3%
Market conditionSeller's 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 Southwest Greensburg is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Southwest Greensburg 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 Southwest Greensburg home prices moved?

Over the last three years the median sale price in Southwest Greensburg, PA rose 88.7%, from $88,500 to $167,000. 33.3% of Southwest Greensburg listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 0.4 months while the sale-to-list ratio slips below its current 96.1%. Watch those two together — they move before the median does.

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 Southwest Greensburg?

Priced off the median sale price of $167,000 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.

Monthly principal and interest by down payment in Southwest Greensburg, PA
Down paymentCash at closeLoan amountMonthly P&I
20%$33,400$133,600$892/mo
5%$8,350$158,650$1,059/mo

Redfin, through May 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 $892, that implies roughly $38,209 a year before you add taxes and insurance. The median household in Southwest Greensburg earns $63,125, about $24,916 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 2.6x — close to the historical 3x norm, which is unusual in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Southwest Greensburg in the next 12 months?

Tell us your timeline. We send the Southwest Greensburg market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Southwest Greensburg?

Zillow does not publish a rent index (ZORI) for Southwest Greensburg, 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 Southwest Greensburg?

Active listings in Southwest Greensburg, PA went from 7 in February 2025 to 3 in May 2026, a -57.1% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Southwest Greensburg, PA
MonthActive listingsNew listings
March 20255not published
April 202554
May 202565
June 202562
September 20256not published
October 202571
November 202551
December 20255not published
January 202675
February 202671
March 20266not published
May 202633

Redfin, through May 2026

How does Southwest Greensburg compare to Pennsylvania and the U.S.?

Southwest Greensburg homes sell for $167,000 — 49% below the Pennsylvania median of $330,200. Against the national median of $410,700, Southwest Greensburg runs 59% lower. Year-over-year, Southwest Greensburg moved +0.6% against Pennsylvania's +5.3% — a smaller swing than the state as a whole.

Southwest Greensburg, PA compared with Pennsylvania and the United States
MarketMedian sale priceYoYDays on market
Southwest Greensburg, PA$167,000+0.6%99 days
Pennsylvania statewide$330,200+5.3%30 days
United States$410,700not publishednot 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 Southwest Greensburg

What buyers should watch

  • Months of supply, currently 0.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 33.3%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $167 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 $167,000 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 Southwest Greensburg listing goes under contract in 99 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 96.1% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Southwest Greensburg added 3 new listings against 7 sales — more clearing than arriving, which is the better window to list.
  • Comparable ZIP-level pricing inside Southwest Greensburg varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Southwest Greensburg

There are currently 3 homes listed for sale in Southwest Greensburg, Pennsylvania. The median listing price is $176K.

Active listings

3

Homes on market

Median list price

$176K

Avg. days on market

99

Days until sale

New this week

3

Newly listed

Price drops:33.3%of listings
Sale-to-list:96.1%

How much do homes cost in Southwest Greensburg by property type?

How the Southwest Greensburg, PA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Southwest Greensburg, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$178,500not published685 days

Who lives in Southwest Greensburg?

American Community Survey estimates for Southwest Greensburg. U.S. Census ACS, 2023

Population

1,927

Households

1,005

Median income

$63,125/yr

Median age

42.3 years

Owner-occupied

57.3%

Median home value

$163,400

Median gross rent

$927/mo

Mean commute

20.9 min

57.3% of occupied homes in Southwest Greensburg 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.

Which cities are near Southwest Greensburg, PA?

Ordered by distance from Southwest Greensburg, not by size. Compare Southwest Greensburg side by side with any of them.

Southwest Greensburg housing market FAQ

Is Southwest Greensburg a buyer's or seller's market?

Southwest Greensburg, PA is currently a seller's market. That read comes from 0.4 months of supply, homes going under contract in about 99 days, and sellers getting 96.1% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Southwest Greensburg?

The median sale price in the last month Redfin published was $167,000.

Is Southwest Greensburg cheaper than the rest of Pennsylvania?

Southwest Greensburg's median sale price of $167,000 is 49% lower than the Pennsylvania statewide median of $330,200, and 59% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Southwest Greensburg?

Homes in Southwest Greensburg, PA spent a median of 99 days on market before going under contract, versus 30 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Southwest Greensburg?

At the current 30-year fixed rate of 7.03%, 20% down on a $167,000 home is about $892 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $38,209 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $63,125.

Are home prices rising in Southwest Greensburg?

Redfin's last published year-over-year change for Southwest Greensburg, PA was +0.6%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Southwest Greensburg?

Southwest Greensburg 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 Southwest Greensburg?

That depends on your timeline, not on a headline. What the data says today: Southwest Greensburg, PA is a seller's market with 0.4 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.