Is West Goshen Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Goshen Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, West Goshen Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Goshen Township, PA

How much do homes in West Goshen Township, PA cost?

Median Sold Price

$630,000

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$41,250(+7.0%)

Key Takeaway

Homes in West Goshen Township have sold for 7% more than they did a year ago.

Summary: The median home sold price in West Goshen Township was $630,000 in November 2024, up 7% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $525K$371K
-29.3%
3 $500K$483.5K
-3.3%
4 $625K$716.7K
+14.7%
5+ $970K$899K
-7.3%

Summary: West Goshen Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.3%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes decreased by 7.3%.

Median Sold Price Compared To Nearby Cities

West Whiteland Township
+10.5%
West Goshen Township
+7.0%
Westtown Township
+5.6%
West Chester
-0.2%
East Goshen Township
-4.7%

Housing Supply in West Goshen Township, PA

How many homes are available in West Goshen Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5562+12.7%

Summary: The West Goshen Township real estate market had 62 homes for sale in November 2024, a 12.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1619
+18.8%
4 2628
+7.7%
5+ 1011
+10.0%

Summary: The West Goshen Township 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 33.3%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1418+28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Goshen Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in West Goshen Township in November 2024, up by 28.6% month-over-month. Of the 18 sold homes, 28% were sold under asking, 6% were sold at asking, and 67% were sold over asking.

Days on Market for West Goshen Township, PA

How long does it take to sell a home in West Goshen Township, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
7 Days13 Days+69.2%

Summary: Homes in West Goshen Township had an average of 13 days on market in Nov 2024, up by 69.2% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in West Goshen Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in West Goshen Township, PA

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