Is Lower Chichester Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lower Chichester Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lower Chichester Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lower Chichester Township, PA

How much do homes in Lower Chichester Township, PA cost?

Median Sold Price

$190,000

$195/sqft

Based on all homes sold in November 2024.

The Median Sold Price hasn't changed since October 2024.

Key Takeaway

The sold price of homes in Lower Chichester Township has remained the same since last month.

Summary: The median home sold price in Lower Chichester Township was $190,000 in November 2024, the same as last month, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $67.5K-
N/A
2 --
N/A
3 $190K$190K
0.0%
4 $231.5K-
N/A
5+ --
N/A

Summary: Lower Chichester Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lower Chichester Township, PA

How many homes are available in Lower Chichester Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1715-11.8%

Summary: The Lower Chichester Township real estate market had 15 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 1514
-6.7%
4 10
-100.0%
5+ 01
+100.0%

Summary: The Lower Chichester Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lower Chichester Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Lower Chichester Township in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Lower Chichester Township, PA

How long does it take to sell a home in Lower Chichester Township, PA?

Average Sale Time

Oct 2024Nov 2024CHANGE
10 Days34 Days+223.5%

Summary: Homes in Lower Chichester Township had an average of 34 days on market in Nov 2024, up by 223.5% compared to last month.

Breakdown of Home Sale Times

3 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 Lower Chichester Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Lower Chichester Township; 60% of homes were sold within 30 days, 40% 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 17 Days Ago

Newest Listings in Lower Chichester Township, PA

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