Is Coatesville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coatesville is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Coatesville, PA

How much do homes in Coatesville, PA cost?

Median Sold Price

$362,444

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$28,999(+8.7%)

Key Takeaway

Homes in Coatesville have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Coatesville was $362,444 in December 2024, up 8.7% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $221K$277.5K
+25.6%
2 $320K$320K
0.0%
3 $308.8K$325K
+5.2%
4 $420K$447.4K
+6.5%
5+ $390K$452.5K
+16.0%

Summary: Coatesville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 16%.

Median Sold Price Compared To Nearby Cities

Coatesville
+8.7%
West Brandywine Township
+6.7%
Caln Township
+5.3%
Valley Township
-0.3%

Housing Supply in Coatesville, PA

How many homes are available in Coatesville, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
133121-9.0%

Summary: The Coatesville real estate market had 121 homes for sale in December 2024, a 9.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1614
-12.5%
3 6055
-8.3%
4 4743
-8.5%
5+ 109
-10.0%

Summary: The Coatesville 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 12.5%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
38380.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coatesville, you may be able to get a good deal. 39.5% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Coatesville in December 2024, the same as the previous month. Of the 38 sold homes, 39% were sold under asking, 29% were sold at asking, and 32% were sold over asking.

Days on Market for Coatesville, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
17 Days27 Days+54.7%

Summary: Homes in Coatesville had an average of 27 days on market in Dec 2024, up by 54.7% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 38 homes were sold in Coatesville; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% 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 4 Days Ago

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