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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Vincent Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in East Vincent Township, PA

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

Median Sold Price

$487,500

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,500(-2.7%)

Key Takeaway

Homes in East Vincent Township have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in East Vincent Township was $487,500 in October 2024, down 2.7% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $215K$340K
+58.1%
3 $396K$415K
+4.8%
4 $577.5K$610.1K
+5.6%
5+ $890K$667.5K
-25.0%

Summary: East Vincent Township 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 increased by 58.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 25%.

Median Sold Price Compared To Nearby Cities

East Coventry Township
+12.3%
West Vincent Township
+11.9%
East Pikeland Township
+11.8%
East Vincent Township
-2.7%
Spring City
-7.3%

Housing Supply in East Vincent Township, PA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1315+15.4%

Summary: The East Vincent Township real estate market had 15 homes for sale in October 2024, a 15.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 54
-20.0%
4 45
+25.0%
5+ 34
+33.3%

Summary: The East Vincent Township 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 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 Vincent Township, 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 East Vincent Township in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for East Vincent Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days25 Days-31.4%

Summary: Homes in East Vincent Township had an average of 25 days on market in Oct 2024, down by 31.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in East Vincent Township; 50% of homes were sold within 30 days, 50% 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 16 Days Ago

Newest Listings in East Vincent Township, PA

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