$8,311 Closing Credit*
$699,900
3,076 SqFt
4 Beds
•2 Full Baths, 1 Partial
Melissa Bishop, Listing Office: BHHS Fox & Roach-Jennersville
Is West Grove, 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, West Grove has remained a Seller's Market.
Key Takeaway
West Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Grove, PA
How much do homes in West Grove, PA cost?
Median Sold Price
$435,000
$195/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in West Grove has remained the same since last year.
Summary: The median home sold price in West Grove was $435,000 in October 2024, the same as last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | - | N/A |
| 2 Bedrooms | $355K | $374.9K | +5.6% |
| 3 Bedrooms | $400K | $412.5K | +3.1% |
| 4 Bedrooms | $511K | $545K | +6.7% |
| 5+ Bedrooms | $567.5K | $550K | -3.1% |
Summary: West Grove housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 3.1%.
Housing Supply in West Grove, PA
How many homes are available in West Grove, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 42 | +5.0% |
Summary: The West Grove real estate market had 42 homes for sale in October 2024, a 5.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The West Grove housing inventory by bedroom type for October 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 decreased by 20%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Grove, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in West Grove in October 2024, up by 9.1% month-over-month. Of the 12 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for West Grove, PA
How long does it take to sell a home in West Grove, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 20 Days | +311.7% |
Summary: Homes in West Grove had an average of 20 days on market in Oct 2024, up by 311.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Grove are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in West Grove; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
