Is Grantville, PA 17028 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Grantville is a seller’s market. With about 1.6 months of supply and 38% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.6Under 4 months = seller’s market
Sold above original list37.5%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$210▲ +368.3% vs. last year

The Grantville housing market right now

In the three months ending August 31, 2026, 38% of homes in Grantville, PA 17028 sold above their list price, the typical home went under contract in 6 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 57%, homes sold faster (11 days then) and the median sale price rose 411% to $273,382. Overall, Grantville is less competitive than a year ago, which gives buyers more room.

Within Lebanon County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in 80%.

Nearby, buyers who want less competition could look at Annville 17003 (17% sold over asking) or Palmyra 17078 (33% sold over asking), while Mount Gretna 17064 (75% sold over asking) and Newmanstown 17073 (52% sold over asking) are even more competitive.

Nearby markets

Annville 17003Seller’s market $196 /sq ftFredericksburg 17026Seller’s market $148 /sq ftJonestown 17038Seller’s market $193 /sq ftLebanon 17042Seller’s market $186 /sq ft Browse all markets →

Where Grantville is

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Questions about Grantville real estate

Is Grantville a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Grantville, PA 17028 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Grantville?

The typical home went under contract in 6 days in the latest three months.

Do homes in Grantville sell over asking?

38% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.

What are property taxes in Grantville?

About 1.37% of a home’s value a year in Lebanon County, or roughly $5,480 on a $400,000 home.

What is the median home price in Grantville?

The median sale price was $273,382 in the three months ending August 31, 2026, about $210 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology