$5,522 Closing Credit*
$465,000
2,120 SqFt
4 Beds
•2 Full Baths, 1 Partial
Stacie A Wise, Listing Office: A L Coffman & Son Inc
Is Pottstown, 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, 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
$315,800
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,213(+6.8%)
Key Takeaway
Homes in Pottstown have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Pottstown was $315,800 in November 2024, up 6.8% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $103.5K | +21.8% |
| 2 Bedrooms | $200K | $216K | +8.0% |
| 3 Bedrooms | $280K | $309.6K | +10.6% |
| 4 Bedrooms | $364.9K | $400K | +9.6% |
| 5+ Bedrooms | $395K | $462.5K | +17.1% |
Summary: Pottstown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.8%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Cities
| East Coventry Township | $400K | $449.9K | +12.5% |
| Pottstown | $290.6K | $315.1K | +8.4% |
| Lower Pottsgrove Township | $333.7K | $360K | +7.9% |
| Pottstown | $295.5K | $315.8K | +6.8% |
| North Coventry Township | $405K | $376K | -7.2% |
Housing Supply in Pottstown, PA
How many homes are available in Pottstown, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 240 | 223 | -7.1% |
Summary: The Pottstown real estate market had 223 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 20 | +5.3% |
| 3 Bedrooms | 114 | 101 | -11.4% |
| 4 Bedrooms | 86 | 83 | -3.5% |
| 5+ Bedrooms | 21 | 19 | -9.5% |
Summary: The Pottstown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 9.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 73 | +2.8% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pottstown, you could pay more than the asking price. 42.5% of homes here sold above asking price last month.
Summary: A total of 73 homes were sold or pending in Pottstown in November 2024, up by 2.8% month-over-month. Of the 73 sold homes, 27% were sold under asking, 30% were sold at asking, and 42% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 15 Days | +6.7% |
Summary: Homes in Pottstown had an average of 15 days on market in Nov 2024, up by 6.7% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pottstown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 73 homes were sold in Pottstown; 85% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
