Is Exton, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Exton has remained a Seller's Market.
Key Takeaway
Exton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Exton, PA
How much do homes in Exton, PA cost?
Median Sold Price
$565,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Exton have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Exton was $565,000 in May 2024, up 6.5% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239.2K | $267.8K | +11.9% |
| 3 Bedrooms | $437.4K | $452.5K | +3.4% |
| 4 Bedrooms | $610K | $650K | +6.6% |
| 5+ Bedrooms | $842.5K | $969K | +15.0% |
Summary: Exton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Cities
| West Whiteland Township | $454K | $492.5K | +8.5% |
| Exton | $530.5K | $565K | +6.5% |
| Upper Uwchlan Township | $644.4K | $655K | +1.6% |
| Uwchlan Township | $558.5K | $544K | -2.6% |
| West Pikeland Township | $800K | $760K | -5.0% |
Housing Supply in Exton, PA
How many homes are available in Exton, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 43 | +48.3% |
Summary: The Exton real estate market had 43 homes for sale in May 2024, a 48.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 18 | +50.0% |
| 4 Bedrooms | 11 | 18 | +63.6% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Exton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 15 | +114.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Exton, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Exton in May 2024, up by 114.3% month-over-month. Of the 15 sold homes, 13% were sold under asking, 40% were sold at asking, and 47% were sold over asking.
Days on Market for Exton, PA
How long does it take to sell a home in Exton, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 6 Days | 9 Days | +46.4% |
Summary: Homes in Exton had an average of 9 days on market in May 2024, up by 46.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Exton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 15 homes were sold in Exton; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
