Is Caln Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caln Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Caln Township has remained a Seller's Market.

Key Takeaway

Caln Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Caln Township, PA

How much do homes in Caln Township, PA cost?

Median Sold Price

$387,000

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,750(+8.0%)

Key Takeaway

Homes in Caln Township have sold for 8% more than they did a year ago.

Summary: The median home sold price in Caln Township was $387,000 in November 2024, up 8% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $412.5K$380K
-7.9%
3 $317.2K$335K
+5.6%
4 $449.9K$475K
+5.6%
5+ $385K$450K
+16.9%

Summary: Caln 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 decreased by 7.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 16.9%.

Median Sold Price Compared To Nearby Cities

Caln Township
+8.0%
Downingtown
+3.2%
Thorndale
+1.4%
East Brandywine Township
+1.3%

Housing Supply in Caln Township, PA

How many homes are available in Caln Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4540-11.1%

Summary: The Caln Township real estate market had 40 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2320
-13.0%
4 2016
-20.0%
5+ 01
+100.0%

Summary: The Caln 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 increased by 50%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caln Township, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Caln Township in November 2024, down by 7.1% month-over-month. Of the 13 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.

Days on Market for Caln Township, PA

How long does it take to sell a home in Caln Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days14 Days+7.9%

Summary: Homes in Caln Township had an average of 14 days on market in Nov 2024, up by 7.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Caln Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in Caln Township; 92% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Caln Township, PA

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