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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Greenville, PA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Greenville, PA Housing Market Trends

With 5,536 people, 1,992 houses or apartments, and a median cost of homes of $103,338, house prices in Greenville are some of the most affordable in Pennsylvania as well as the nation.

Single-family detached homes are the single most common housing type in Greenville, accounting for 73.01% of the borough's housing units. Other types of housing that are prevalent in Greenville include duplexes, homes converted to apartments or other small apartment buildings ( 14.06%), large apartment complexes or high rise apartments ( 6.86%), and a few mobile homes or trailers ( 4.19%).

The most prevalent building size and type in Greenville are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 48.82% owning and 51.18% renting.

The housing in Greenville was primarily built before 1939 ( 49.52%), making the housing stock in Greenville some of the oldest overall in America, although there is a range of ages of homes in Greenville. The next most important housing age is between 1940-1969 ( 31.18%), followed by between 1970-1999 ( 15.85%). There's also some housing in Greenville built between 2000 and later ( 3.45%).

Vacant housing appears to be an issue in Greenville. Fully 13.01% of the housing stock is classified as vacant. Left unchecked, vacant Greenville homes and apartments can be a drag on the real estate market, holding Greenville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Greenville Home Appreciation Rates

Greenville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Greenville during the period has been just 4.16%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Greenville's appreciation rate, at 5.72%, has been at or slightly above the national average. In the latest quarter, Greenville's appreciation rate has been 0.15%, which annualizes to a rate of 0.61%.

Relative to Pennsylvania, our data show that Greenville's latest annual appreciation rate is higher than 50% of the other cities and towns in Pennsylvania.

Average Home Values

Median Home Value

$103,338

Greenville, PA Home Prices
> $1,180,000
$885,001 - $1,180,000
$590,001 - $885,000
$472,001 - $590,000
$354,001 - $472,000
$236,001 - $354,000
$118,001 - $236,000
$59,001 - $118,000
$0 - $59,000
0.0%
0.0%
0.0%
0.0%
1.1%
1.1%
0.5%
0.5%
0.0%
0.0%
5.0%
5.0%
34.0%
34.0%
41.3%
41.3%
18.0%
18.0%
0% 100.0%
% of Homes
Very Low

for Pennsylvania

Very Low

for nation

Number of Homes And Apartments:

1,992

Greenville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,123 / per month

Homeownership Rate

Owners
Renters
48.8%
48.8%
51.2%
51.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
13.0%
13.0%
87.0%
87.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.4%
3.4%
15.9%
15.9%
31.2%
31.2%
49.5%
49.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.0%
73.0%
1.9%
1.9%
14.1%
14.1%
6.9%
6.9%
4.2%
4.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.1%
2.1%
13.8%
13.8%
14.0%
14.0%
51.9%
51.9%
14.3%
14.3%
3.8%
3.8%
0% 100.0%
% of Homes