Is Greencastle, PA a good place to invest in rental property?

Greencastle, PA has a median modeled monthly cash flow of $-1,256 and a median cap rate of 2.1%, on a median sold price of $336,960. Prices changed -1.2% year over year.

What is the average cap rate in Greencastle, PA?

The median cap rate across recently sold homes in Greencastle, PA is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Greencastle, PA?

The median sold price in Greencastle, PA is $336,960 (about $165 per square foot).

Investing in Greencastle, PA Real Estate

A data-driven snapshot of the Greencastle, PA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$336,960Median sold price

$165Median $/sqft

2.1%Median cap rate

$-1,256Modeled cash flow / mo

-1.2%Appreciation YoY

3.3Months of supply

49Active listings

179Sold (last 12 mo)

What the Greencastle numbers say

In Greencastle, PA, the median home sold for $336,960 (about $165 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,256 of monthly cash flow. Sold prices moved -1.2% over the past year. Inventory sits at about 3.3 months of supply — a tight, seller-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Pennsylvania markets to compare

See Greencastle cash-flowing listings

CashFlowRE ranks every for-sale home in Greencastle, PA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Greencastle deals, or browse the national market data.