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 December 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

$337,500

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$27,500(+8.9%)

Key Takeaway

Homes in East Cocalico Township have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in East Cocalico Township was $337,500 in December 2024, up 8.9% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $270K$320K
+18.5%
3 $305K$317.5K
+4.1%
4 $400K$390.7K
-2.3%
5+ $450K$595.9K
+32.4%

Summary: East Cocalico Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 32.4%.

Median Sold Price Compared To Nearby Cities

East Cocalico Township
+8.9%
Denver
+6.4%
Ephrata Township
+6.4%
Stevens
+5.4%

Housing Supply in East Cocalico Township, PA

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

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2218-18.2%

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

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1312
-7.7%
4 63
-50.0%
5+ 11
0.0%

Summary: The East Cocalico Township 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 remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Cocalico Township, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in East Cocalico Township in December 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% 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

Dec 2023Dec 2024CHANGE
16 Days57 Days+251.0%

Summary: Homes in East Cocalico Township had an average of 57 days on market in Dec 2024, up by 251% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was 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 December 2024, 7 homes were sold in East Cocalico Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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

Newest Listings in East Cocalico Township, PA

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