$5,938 Closing Credit*
$500,000
1,074 SqFt
5 Beds
•2 Full Baths
Shannon Carr, Listing Office: Real of Pennsylvania
Is West Pikeland Township, 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 Pikeland Township has remained a Seller's Market.
Key Takeaway
West Pikeland Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Pikeland Township, PA
How much do homes in West Pikeland Township, PA cost?
Median Sold Price
$865,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$80,000(+10.2%)
Key Takeaway
Homes in West Pikeland Township have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in West Pikeland Township was $865,000 in October 2024, up 10.2% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $453.8K | $473.2K | +4.3% |
| 4 Bedrooms | $859.9K | $865K | +0.6% |
| 5+ Bedrooms | $1.1M | $1.2M | +14.4% |
Summary: West Pikeland Township 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 did not change, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 14.4%.
Median Sold Price Compared To Nearby Cities
| West Vincent Township | $715K | $800K | +11.9% |
| Exton | $525K | $581K | +10.7% |
| West Pikeland Township | $785K | $865K | +10.2% |
| Chester Springs | $659.9K | $705K | +6.8% |
| Charlestown Township | $789K | $779.2K | -1.2% |
Housing Supply in West Pikeland Township, PA
How many homes are available in West Pikeland Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The West Pikeland Township real estate market had 16 homes for sale in October 2024, a 14.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The West Pikeland Township 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Pikeland Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in West Pikeland Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for West Pikeland Township, PA
How long does it take to sell a home in West Pikeland Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 24 Days | +236.4% |
Summary: Homes in West Pikeland Township had an average of 24 days on market in Oct 2024, up by 236.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Pikeland Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in West Pikeland 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.
