$5,047 Closing Credit*
$425,000
1,632 SqFt
2 Beds
•2 Full Baths, 1 Partial
Matt Fish, Listing Office: Keller Williams Realty Wilmington
Is Chadds Ford 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, Chadds Ford Township has remained a Seller's Market.
Key Takeaway
Chadds Ford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chadds Ford Township, PA
How much do homes in Chadds Ford Township, PA cost?
Median Sold Price
$645,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,250(+6.0%)
Key Takeaway
Homes in Chadds Ford Township have sold for 6% more than they did a year ago.
Summary: The median home sold price in Chadds Ford Township was $645,000 in November 2024, up 6% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $201.5K | $218K | +8.2% |
| 2 Bedrooms | $323K | $379K | +17.3% |
| 3 Bedrooms | $424.5K | $477.5K | +12.5% |
| 4 Bedrooms | $822K | $750K | -8.8% |
| 5+ Bedrooms | $1.0M | $1.3M | +30.0% |
Summary: Chadds Ford Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 30%.
Median Sold Price Compared To Nearby Cities
| Concord Township | $635K | $699.6K | +10.2% |
| Chadds Ford | $645K | $690K | +7.0% |
| Chadds Ford Township | $608.7K | $645K | +6.0% |
| Birmingham Township | $820K | $835K | +1.8% |
| Pennsbury Township | $819K | $745K | -9.0% |
Housing Supply in Chadds Ford Township, PA
How many homes are available in Chadds Ford Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 47 | -13.0% |
Summary: The Chadds Ford Township real estate market had 47 homes for sale in November 2024, a 13.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 13 | 8 | -38.5% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The Chadds Ford 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 40%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chadds Ford Township, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Chadds Ford Township in November 2024, down by 31.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.
Days on Market for Chadds Ford Township, PA
How long does it take to sell a home in Chadds Ford Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 17 Days | +3.3% |
Summary: Homes in Chadds Ford Township had an average of 17 days on market in Nov 2024, up by 3.3% compared to last year.
Breakdown of Home Sale Times
10 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 Chadds Ford Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Chadds Ford Township; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
