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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Vincent Township is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, West Vincent Township was a Seller's Market.

Key Takeaway

West Vincent Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Vincent Township, PA

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

Median Sold Price

$785,000

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$70,000(+9.8%)

Key Takeaway

Homes in West Vincent Township have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in West Vincent Township was $785,000 in December 2024, up 9.8% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$447.5K
N/A
3 $569K$600K
+5.4%
4 $873.2K$910K
+4.2%
5+ $1.1M$1.1M
+2.5%

Summary: West Vincent Township housing prices by bedroom type for December 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 5.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Cities

West Vincent Township
+9.8%
Chester Springs
+6.9%
East Vincent Township
+3.4%
West Pikeland Township
-2.1%

Housing Supply in West Vincent Township, PA

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

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2010-50.0%

Summary: The West Vincent Township real estate market had 10 homes for sale in December 2024, a 50.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 136
-53.8%
5+ 42
-50.0%

Summary: The West Vincent Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 53.8%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
111-90.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Vincent Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in West Vincent Township in December 2024, down by 90.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for West Vincent Township, PA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
73 Days4 Days-94.5%

Summary: Homes in West Vincent Township had an average of 4 days on market in Dec 2024, down by 94.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 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 Vincent Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in West Vincent Township; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in West Vincent Township, PA

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What housing markets are near West Vincent Township, PA?