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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Grove is a seller's market

Buyer's
Market

Difference Since November 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

$425,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$19,000(-4.3%)

Key Takeaway

Homes in West Grove have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in West Grove was $425,000 in November 2024, down 4.3% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $360K-
N/A
2 $355K$375K
+5.6%
3 $411K$399.5K
-2.8%
4 $526.2K$565K
+7.4%
5+ $567.5K$498K
-12.2%

Summary: West Grove 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 increased by 5.6%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 12.2%.

Median Sold Price Compared To Nearby Cities

London Grove Township
+4.6%
West Grove
-4.3%

Housing Supply in West Grove, PA

How many homes are available in West Grove, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4233-21.4%

Summary: The West Grove real estate market had 33 homes for sale in November 2024, a 21.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 84
-50.0%
3 1210
-16.7%
4 1814
-22.2%
5+ 45
+25.0%

Summary: The West Grove 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 decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Grove, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in West Grove in November 2024, down by 30.8% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
14 Days22 Days+59.1%

Summary: Homes in West Grove had an average of 22 days on market in Nov 2024, up by 59.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 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 Grove are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in West Grove; 78% of homes were sold within 30 days, 22% 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 Grove, PA

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