Landydandy logo

Greensburg, Pennsylvania Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
41
Sold (12M)
16
Median Price
$60K
Market Condition
Strong Buyer's Market

Greensburg, Pennsylvania Market Meter

Buyer'sSeller's
Strong Buyer's Market

30.8 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$60K
Avg Price/Acre
$68K
Avg Days on Market
297
Months of Supply
30.8
YoY Price Change
-55.7%
New Listings (3M)
10

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-1611
1-2 acres1223
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres---1
50-100 acres----
100+ acres----
TOTAL13815
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres11 sold / 28 listed
1-2 acres3 sold / 3 listed
2-5 acres0 sold / 2 listed
5-10 acres0 sold / 1 listed
20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$146K$293K
0- 1
1- 2
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.9M
Last 12 months
Active Listings
41
Current inventory
Avg Days on Market
297
Time to sell
Price Trend (YoY)
-55.7%
Year over year

Greensburg, Pennsylvania Land Market Analysis

How much is land worth in Greensburg, Pennsylvania?

The median price for land in Greensburg, Pennsylvania is currently $68K per acre. For a typical parcel, the median sale price is $60K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $6K while premium lots reached $206K.

Is now a good time to buy land in Greensburg, Pennsylvania?

Greensburg, Pennsylvania is currently a strong buyer's market with 30.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 55.7% year-over-year.

What is the months of supply for land in Greensburg, Pennsylvania?

Greensburg, Pennsylvania currently has 30.8 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the average price per acre in Greensburg, Pennsylvania?

Land in Greensburg, Pennsylvania averages $183K per acre. The median price per acre is $68K, which may be more representative of typical transactions. Most parcels sold are around 29,621 sq ft.

How long does it take to sell land in Greensburg, Pennsylvania?

Land in Greensburg, Pennsylvania typically sells within 297 days of listing. The median time on market is 221 days. Properties are moving slowly in the current strong buyer's market.

What is the total land for sale in Greensburg, Pennsylvania?

There are currently 41 active listings in Greensburg, Pennsylvania. 10 new listings have hit the market in the last 90 days. The median asking price is $43K.

Is now a good time to invest in land in Greensburg, Pennsylvania?

The current absorption rate in Greensburg, Pennsylvania is 3.3% (3-month basis), indicating slow demand. With depreciating values (-55.7% YoY), buyers may find value opportunities.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

Explore More Land Market Statistics

All States

Pennsylvania Counties

Other Cities in Westmoreland County