Market Overview
Home Prices in Mount Gretna, PA
The median home value in Mount Gretna, PA is $427,641 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mount Gretna are priced4% above average. Mount Gretna is part of the Lebanon, PA metro area.
Over the past five years, Mount Gretna home values have risen by approximately43.3%, reflecting strong long-term appreciation in this market.
Price History
Mount Gretna Home Price Trend
City Comparison
Mount Gretna vs. National Median
At $427,641, homes in Mount Gretna cost 4% above the national median of $410,000. Buyers in Mount Gretna should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Mount Gretna?
20% Down Payment
$85,528
on $427,641
Monthly P&I
$2,230/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,832/mo
incl. taxes & insurance
Income Needed
$113,280
gross annual (30% rule)
10% Down Option
$42,764
+ PMI applies
Loan Amount (20% dn)
$342,113
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Mount Gretna, PA?
The median home value in Mount Gretna is $427,641 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Mount Gretna?
Over the past year, home values in Mount Gretna have increased by 5.2%. Over five years, prices have risen approximately 43.3%.
How much do I need to earn to buy a home in Mount Gretna?
To comfortably afford the median home price of $427,641 with a 20% down payment ($85,528) at today's rates (6.8%), you'd need a gross annual income of approximately $113,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Mount Gretna compare to the national average home price?
The national median home value is approximately $410,000. At $427,641, homes in Mount Gretna are 4% above the national average.
What metro area is Mount Gretna part of?
Mount Gretna is part of the Lebanon, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.