Is East Cocalico Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Cocalico Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, East Cocalico Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Cocalico Township, PA

How much do homes in East Cocalico Township, PA cost?

Median Sold Price

$330,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+6.5%)

Key Takeaway

Homes in East Cocalico Township have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in East Cocalico Township was $330,000 in November 2024, up 6.5% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $270K$310K
+14.8%
3 $300K$317.4K
+5.8%
4 $420K$390K
-7.1%
5+ $450K$255K
-43.3%

Summary: East Cocalico Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 43.3%.

Median Sold Price Compared To Nearby Cities

Stevens
+12.9%
Ephrata Township
+8.3%
East Cocalico Township
+6.5%
Denver
+5.3%

Housing Supply in East Cocalico Township, PA

How many homes are available in East Cocalico Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2218-18.2%

Summary: The East Cocalico Township real estate market had 18 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 119
-18.2%
4 86
-25.0%
5+ 11
0.0%

Summary: The East Cocalico 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 remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Cocalico Township, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in East Cocalico Township in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.

Days on Market for East Cocalico Township, PA

How long does it take to sell a home in East Cocalico Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days35 Days+120.1%

Summary: Homes in East Cocalico Township had an average of 35 days on market in Nov 2024, up by 120.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in East Cocalico Township; 56% of homes were sold within 30 days, 33% 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 2 Days Ago

Newest Listings in East Cocalico Township, PA

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