Is Greencastle, PA 17225 a buyer’s or seller’s market?
Greencastle is a seller’s market. With about 2.7 months of supply and 23% 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.
More competitive than 62% of U.S. ZIP codes, and #377 of 601 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Greencastle housing market right now
In the three months ending August 31, 2026, 23% of homes in Greencastle, PA 17225 sold above their list price, the typical home went under contract in 26 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 66 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 34%, homes sold more slowly (11 days then) and the median sale price fell 8% to $348,799. Overall, Greencastle is less competitive than a year ago, which gives buyers more room.
Within Franklin County, homes here sell faster than in 71% of the county’s ZIP codes, and sell less often over asking than in 59%. On our competition score, Greencastle ranks #377 of 601 PA ZIP codes with enough sales (score 60 out of 100).
Nearby, buyers who want less competition could look at Upperstrasburg 17265 (0% sold over asking) or Spring Run 17262 (0% sold over asking), while Pleasant Hall 17246 (50% sold over asking) and State Line 17263 (50% sold over asking) are even more competitive.
Run the numbers for 17225
Nearby markets
Amberson 17210 $169 /sq ftBlue Ridge Summit 17214Seller’s market $184 /sq ftChambersburg 17201Seller’s market $162 /sq ftChambersburg 17202Seller’s market $167 /sq ft Browse all markets →Towns like Greencastle nearby
Find towns like Greencastle in other states →Where Greencastle is
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Questions about Greencastle real estate
Is Greencastle a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Greencastle, PA 17225 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 Greencastle?
The typical home went under contract in 26 days in the latest three months.
Do homes in Greencastle sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Greencastle?
About 1.10% of a home’s value a year in Franklin County, or roughly $4,400 on a $400,000 home.
What is the median home price in Greencastle?
The median sale price was $348,799 in the three months ending August 31, 2026, about $171 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