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 September 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

$359,100

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$31,470(+9.6%)

Key Takeaway

Homes in Coatesville have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Coatesville was $359,100 in September 2024, up 9.6% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$227.2K
N/A
2 $325.5K$320K
-1.7%
3 $300K$329.6K
+9.9%
4 $420K$440K
+4.8%
5+ $378.7K$470K
+24.1%

Summary: Coatesville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 24.1%.

Median Sold Price Compared To Nearby Cities

Valley Township
+19.6%
Coatesville
+9.6%
Caln Township
+9.0%

Housing Supply in Coatesville, PA

How many homes are available in Coatesville, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
151148-2.0%

Summary: The Coatesville real estate market had 148 homes for sale in September 2024, a 2.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1014
+40.0%
3 7967
-15.2%
4 5356
+5.7%
5+ 911
+22.2%

Summary: The Coatesville housing inventory by bedroom type for September 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 15.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
4435-20.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

15 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. 42.9% of homes here sold above asking price last month.

Summary: A total of 35 homes were sold or pending in Coatesville in September 2024, down by 20.5% month-over-month. Of the 35 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% 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

Sep 2023Sep 2024CHANGE
14 Days15 Days+8.6%

Summary: Homes in Coatesville had an average of 15 days on market in Sep 2024, up by 8.6% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 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 September 2024, 35 homes were sold in Coatesville; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% 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 Sep 1, 2024

Newest Listings in Coatesville, PA

Nearby Markets to Coatesville, PA

What housing markets are near Coatesville, PA?