$10,000 Closing Credit*
$1,910,000
4,040 SqFt
4 Beds
•3 Full Baths, 2 Partial
Gary A Mercer Sr., Listing Office: KW Greater West Chester
Is Chadds Ford, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Chadds Ford has remained a Seller's Market.
Key Takeaway
Chadds Ford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chadds Ford, PA
How much do homes in Chadds Ford, PA cost?
Median Sold Price
$675,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$47,500(+7.6%)
Key Takeaway
Homes in Chadds Ford have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Chadds Ford was $675,000 in December 2024, up 7.6% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $180K | 0.0% |
| 2 Bedrooms | $320K | $443K | +38.4% |
| 3 Bedrooms | $457.5K | $477.5K | +4.4% |
| 4 Bedrooms | $845K | $777.5K | -8.0% |
| 5+ Bedrooms | $1.0M | $1.1M | +17.6% |
Summary: Chadds Ford housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 17.6%.
Median Sold Price Compared To Nearby Cities
| Birmingham Township | $800K | $905K | +13.1% |
| Chadds Ford | $627.5K | $675K | +7.6% |
| Chadds Ford Township | $607.5K | $645K | +6.2% |
Housing Supply in Chadds Ford, PA
How many homes are available in Chadds Ford, PA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 37 | 30 | -18.9% |
Summary: The Chadds Ford real estate market had 30 homes for sale in December 2024, a 18.9% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 12 | 7 | -41.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Chadds Ford housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chadds Ford, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Chadds Ford in December 2024, down by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.
Days on Market for Chadds Ford, PA
How long does it take to sell a home in Chadds Ford, PA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 10 Days | 23 Days | +117.0% |
Summary: Homes in Chadds Ford had an average of 23 days on market in Dec 2024, up by 117% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chadds Ford are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in Chadds Ford; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
