$3,563 Closing Credit*
$300,000
2,058 SqFt
2 Beds
•2 Full Baths, 1 Partial
John C Williams, Listing Office: VRA Realty
Is Chadds Ford, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$670,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$21,500(-3.1%)
Key Takeaway
Homes in Chadds Ford have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Chadds Ford was $670,000 in October 2024, down 3.1% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | - | N/A |
| 2 Bedrooms | $315K | $417.4K | +32.5% |
| 3 Bedrooms | $460K | $477.5K | +3.8% |
| 4 Bedrooms | $861.2K | $755K | -12.3% |
| 5+ Bedrooms | $875K | $1.3M | +48.6% |
Summary: Chadds Ford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes increased by 48.6%.
Median Sold Price Compared To Nearby Cities
| Concord Township | $638.5K | $690K | +8.1% |
| Chadds Ford Township | $600K | $640K | +6.7% |
| Birmingham Township | $833K | $827.5K | -0.7% |
| Chadds Ford | $691.5K | $670K | -3.1% |
| Pennsbury Township | $822K | $715K | -13.0% |
Housing Supply in Chadds Ford, PA
How many homes are available in Chadds Ford, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Summary: The Chadds Ford real estate market had 50 homes for sale in October 2024, a 16.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 4 | +100.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The Chadds Ford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 16 | +77.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chadds Ford, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in Chadds Ford in October 2024, up by 77.8% month-over-month. Of the 16 sold homes, 31% were sold under asking, 44% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 21 Days | +76.9% |
Summary: Homes in Chadds Ford had an average of 21 days on market in Oct 2024, up by 76.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chadds Ford are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Chadds Ford; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
