$3,194 Closing Credit*
$269,000
1,019 SqFt
3 Beds
•2 Full Baths
Frank Altamuro, Listing Office: Coldwell Banker Realty
Is Lower Chichester Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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
$185,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+15.6%)
Key Takeaway
Homes in Lower Chichester Township have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in Lower Chichester Township was $185,000 in October 2024, up 15.6% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $67.5K | N/A |
| 2 Bedrooms | $152.5K | $196K | +28.5% |
| 3 Bedrooms | $159.2K | $180K | +13.0% |
| 4 Bedrooms | $175K | $230K | +31.4% |
| 5+ Bedrooms | $310K | $317.5K | +2.4% |
Summary: Lower Chichester 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 28.5%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 31.4%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
| Lower Chichester Township | $160K | $185K | +15.6% |
| Upper Chichester Township | $312.9K | $352.5K | +12.6% |
| Marcus Hook | $185K | $195K | +5.4% |
| Claymont | $325K | $331.2K | +1.9% |
Housing Supply in Lower Chichester Township, PA
How many homes are available in Lower Chichester Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Summary: The Lower Chichester Township real estate market had 15 homes for sale in October 2024, a 21.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lower Chichester 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 decreased by 100%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Chichester Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Lower Chichester Township in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 10 Days | -36.0% |
Summary: Homes in Lower Chichester Township had an average of 10 days on market in Oct 2024, down by 36% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lower Chichester Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Lower Chichester Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
