$8,311 Closing Credit*
$699,900
2,831 SqFt
4 Beds
•3 Full Baths, 1 Partial
Ahmad Hazem Ibrahim, Listing Office: KW Empower
Is Pottstown, 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, 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
$315,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,937(+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 $315,000 in October 2024, up 6.8% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $103.5K | +21.8% |
| 2 Bedrooms | $200K | $215K | +7.5% |
| 3 Bedrooms | $280.3K | $309.2K | +10.3% |
| 4 Bedrooms | $360K | $395.5K | +9.9% |
| 5+ Bedrooms | $404.9K | $462.5K | +14.2% |
Summary: Pottstown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.8%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 14.2%.
Median Sold Price Compared To Nearby Cities
| East Coventry Township | $400K | $449K | +12.3% |
| Pottstown | $281.8K | $314K | +11.4% |
| Lower Pottsgrove Township | $333.7K | $357.5K | +7.1% |
| Pottstown | $295K | $315K | +6.8% |
| North Coventry Township | $427.5K | $374.9K | -12.3% |
Housing Supply in Pottstown, PA
How many homes are available in Pottstown, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 259 | 236 | -8.9% |
Summary: The Pottstown real estate market had 236 homes for sale in October 2024, a 8.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 20 | 18 | -10.0% |
| 3 Bedrooms | 118 | 115 | -2.5% |
| 4 Bedrooms | 101 | 83 | -17.8% |
| 5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The Pottstown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 68 | -17.1% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pottstown, you may be able to get a good deal. 42.6% of homes here sold below asking price last month.
Summary: A total of 68 homes were sold or pending in Pottstown in October 2024, down by 17.1% month-over-month. Of the 68 sold homes, 43% were sold under asking, 21% were sold at asking, and 37% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 21 Days | +33.4% |
Summary: Homes in Pottstown had an average of 21 days on market in Oct 2024, up by 33.4% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
16 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 October 2024, 68 homes were sold in Pottstown; 74% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
