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 November 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

$359,566

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,676(+7.7%)

Key Takeaway

Homes in Coatesville have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Coatesville was $359,566 in November 2024, up 7.7% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $329.5K$125K
-62.1%
2 $333K$305K
-8.4%
3 $305K$325K
+6.6%
4 $419.9K$442.9K
+5.5%
5+ $380K$470K
+23.7%

Summary: Coatesville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.1%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 23.7%.

Median Sold Price Compared To Nearby Cities

Caln Township
+8.0%
Coatesville
+7.7%
West Brandywine Township
+5.7%
Valley Township
+2.7%

Housing Supply in Coatesville, PA

How many homes are available in Coatesville, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
150138-8.0%

Summary: The Coatesville real estate market had 138 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2117
-19.0%
3 6263
+1.6%
4 5550
-9.1%
5+ 128
-33.3%

Summary: The Coatesville 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 decreased by 19%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4133-19.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coatesville, you could pay more than the asking price. 48.5% of homes here sold above asking price last month.

Summary: A total of 33 homes were sold or pending in Coatesville in November 2024, down by 19.5% month-over-month. Of the 33 sold homes, 27% were sold under asking, 24% were sold at asking, and 48% 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

Nov 2023Nov 2024CHANGE
21 Days25 Days+15.7%

Summary: Homes in Coatesville had an average of 25 days on market in Nov 2024, up by 15.7% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

4 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 November 2024, 33 homes were sold in Coatesville; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% 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

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