$3,266 Closing Credit*
$275,000
1,360 SqFt
3 Beds
•2 Full Baths, 1 Partial
Vernon MacIntyre, Listing Office: Classic Real Estate of Chester County, LLC
Is Caernarvon Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Caernarvon Township has remained a Seller's Market.
Key Takeaway
Caernarvon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Caernarvon Township, PA
How much do homes in Caernarvon Township, PA cost?
Median Sold Price
$370,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$67,500(+22.3%)
Key Takeaway
Homes in Caernarvon Township have sold for 22.3% more than they did a year ago.
Summary: The median home sold price in Caernarvon Township was $370,000 in November 2024, up 22.3% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $235K | +9.3% |
| 3 Bedrooms | $299.5K | $355K | +18.5% |
| 4 Bedrooms | $425K | $545K | +28.2% |
| 5+ Bedrooms | $440K | $520K | +18.2% |
Summary: Caernarvon Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 28.2%, and 5+ bedroom homes increased by 18.2%.
Median Sold Price Compared To Nearby Cities
| Caernarvon Township | $302.5K | $370K | +22.3% |
| Morgantown | $400K | $431K | +7.8% |
| Elverson | $425K | $440K | +3.5% |
| Robeson Township | $449.9K | $365K | -18.9% |
Housing Supply in Caernarvon Township, PA
How many homes are available in Caernarvon Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Summary: The Caernarvon Township real estate market had 9 homes for sale in November 2024, a 35.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Caernarvon Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caernarvon Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Caernarvon Township in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Caernarvon Township, PA
How long does it take to sell a home in Caernarvon Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 21 Days | +97.5% |
Summary: Homes in Caernarvon Township had an average of 21 days on market in Nov 2024, up by 97.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Caernarvon Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Caernarvon Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
