$5,047 Closing Credit*
$425,000
1,243 SqFt
3 Beds
•1 Full Bath
Jacquelyn F Rhoads, Listing Office: RE/MAX Reliance
Is Phoenixville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Phoenixville has remained a Seller's Market.
Key Takeaway
Phoenixville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Phoenixville, PA
How much do homes in Phoenixville, PA cost?
Median Sold Price
$480,583
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,805(+8.8%)
Key Takeaway
Homes in Phoenixville have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Phoenixville was $480,583 in November 2024, up 8.8% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $227K | $244K | +7.5% |
| 2 Bedrooms | $340.2K | $341K | 0.2% |
| 3 Bedrooms | $420K | $450.3K | +7.2% |
| 4 Bedrooms | $645K | $682.5K | +5.8% |
| 5+ Bedrooms | $745.5K | $798.6K | +7.1% |
Summary: Phoenixville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Mont Clare | $197.5K | $237K | +20.0% |
| East Pikeland Township | $430K | $505K | +17.4% |
| Upper Providence Township | $480K | $538.6K | +12.2% |
| Phoenixville | $441.7K | $480.5K | +8.8% |
| Schuylkill Township | $616.7K | $660K | +7.0% |
Housing Supply in Phoenixville, PA
How many homes are available in Phoenixville, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 126 | 117 | -7.1% |
Summary: The Phoenixville real estate market had 117 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 54 | 58 | +7.4% |
| 4 Bedrooms | 39 | 29 | -25.6% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Phoenixville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 25.6%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 31 | -18.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Phoenixville, you could pay more than the asking price. 51.6% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in Phoenixville in November 2024, down by 18.4% month-over-month. Of the 31 sold homes, 29% were sold under asking, 19% were sold at asking, and 52% were sold over asking.
Days on Market for Phoenixville, PA
How long does it take to sell a home in Phoenixville, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 34 Days | +189.3% |
Summary: Homes in Phoenixville had an average of 34 days on market in Nov 2024, up by 189.3% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Phoenixville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 31 homes were sold in Phoenixville; 71% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
