$5,581 Closing Credit*
$470,000
1,668 SqFt
3 Beds
•1 Full Bath
Marvin Revolorio, Listing Office: Keller Williams Elite
Is Cochranville, 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, Cochranville has remained a Seller's Market.
Key Takeaway
Cochranville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cochranville, PA
How much do homes in Cochranville, PA cost?
Median Sold Price
$485,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17,275(-3.4%)
Key Takeaway
Homes in Cochranville have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Cochranville was $485,000 in October 2024, down 3.4% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $280K | N/A |
| 2 Bedrooms | $538.6K | $482.8K | -10.4% |
| 3 Bedrooms | $481.3K | $475K | -1.3% |
| 4 Bedrooms | $457.5K | $510K | +11.5% |
| 5+ Bedrooms | $620K | $550K | -11.3% |
Summary: Cochranville 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 decreased by 10.4%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 11.3%.
Median Sold Price Compared To Nearby Cities
| Upper Oxford Township | $427.5K | $435K | +1.8% |
| Penn Township | $430K | $430K | 0.0% |
| Cochranville | $502.2K | $485K | -3.4% |
| Londonderry Township | $524K | $482.8K | -7.9% |
Housing Supply in Cochranville, PA
How many homes are available in Cochranville, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Summary: The Cochranville real estate market had 19 homes for sale in October 2024, a 17.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 6 | 2 | -66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Cochranville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cochranville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Cochranville in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Cochranville, PA
How long does it take to sell a home in Cochranville, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 80 Days | +39.1% |
Summary: Homes in Cochranville had an average of 80 days on market in Oct 2024, up by 39.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cochranville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Cochranville; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
