Is Pottstown, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pottstown is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Pottstown has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Pottstown, PA

How much do homes in Pottstown, PA cost?

Median Sold Price

$318,438

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$23,538(+8.0%)

Key Takeaway

Homes in Pottstown have sold for 8% more than they did a year ago.

Summary: The median home sold price in Pottstown was $318,438 in December 2024, up 8% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $157.4K$103.5K
-34.3%
2 $198K$218.5K
+10.4%
3 $278.8K$305.5K
+9.5%
4 $360K$412.5K
+14.6%
5+ $382.5K$470K
+22.9%

Summary: Pottstown housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.3%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 22.9%.

Median Sold Price Compared To Nearby Cities

Upper Pottsgrove Township
+11.2%
Pottstown
+8.0%
Pottstown
+8.0%
Lower Pottsgrove Township
+7.2%
West Pottsgrove Township
-2.0%

Housing Supply in Pottstown, PA

How many homes are available in Pottstown, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
227167-26.4%

Summary: The Pottstown real estate market had 167 homes for sale in December 2024, a 26.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1912
-36.8%
3 10174
-26.7%
4 8761
-29.9%
5+ 2020
0.0%

Summary: The Pottstown housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.8%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 29.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
8050-37.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pottstown, you may be able to get a good deal. 38% of homes here sold below asking price last month.

Summary: A total of 50 homes were sold or pending in Pottstown in December 2024, down by 37.5% month-over-month. Of the 50 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% were sold over asking.

Days on Market for Pottstown, PA

How long does it take to sell a home in Pottstown, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
19 Days20 Days+5.5%

Summary: Homes in Pottstown had an average of 20 days on market in Dec 2024, up by 5.5% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 50 homes were sold in Pottstown; 78% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 2% 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 4 Days Ago

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