Is Valley Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Valley Township has remained a Seller's Market.
Housing Prices in Valley Township, PA
How much do homes in Valley Township, PA cost?
Median Sold Price
$305,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Valley Township was $305,000 in May 2024, up 14% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $356.5K | $330K | -7.4% |
3 Bedrooms | $258.5K | $288.5K | +11.6% |
4 Bedrooms | $385K | $415K | +7.8% |
5+ Bedrooms | $188K | $375K | +99.5% |
Summary: Valley Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 99.5%.
Median Sold Price Compared To Nearby Cities
South Coatesville | $255K | $302.5K | +18.6% |
West Caln Township | $366.5K | $420K | +14.6% |
Valley Township | $267.5K | $305K | +14.0% |
Coatesville | $306.8K | $337.6K | +10.0% |
West Brandywine Township | $440K | $432.5K | -1.7% |
Housing Supply in Valley Township, PA
How many homes are available in Valley Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 27 | 0.0% |
Summary: The Valley Township real estate market had 27 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 17 | 13 | -23.5% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Valley Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Valley Township in May 2024, down by 14.3% 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 Valley Township, PA
How long does it take to sell a home in Valley Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 24 Days | +1.5% |
Summary: Homes in Valley Township had an average of 24 days on market in May 2024, up by 1.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Valley Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.