Is East Cocalico Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Cocalico Township has remained a Seller's Market.
Housing Prices in East Cocalico Township, PA
How much do homes in East Cocalico Township, PA cost?
Median Sold Price
$318,075
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Cocalico Township was $318,075 in April 2024, up 13.6% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $217.8K | $285K | +30.8% |
3 Bedrooms | $275K | $314.9K | +14.5% |
4 Bedrooms | $400K | $420K | +5.0% |
5+ Bedrooms | $361.5K | $418.5K | +15.8% |
Summary: East Cocalico Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
East Cocalico Township | $280K | $318K | +13.6% |
Denver | $280K | $317.5K | +13.4% |
Adamstown | $260K | $294K | +13.1% |
Stevens | $287.5K | $320K | +11.3% |
Ephrata Township | $285K | $316.6K | +11.1% |
Housing Supply in East Cocalico Township, PA
How many homes are available in East Cocalico Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 26 | -23.5% |
Summary: The East Cocalico Township real estate market had 26 homes for sale in April 2024, a 23.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 25 | 18 | -28.0% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Cocalico Township housing inventory by bedroom type for April 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 28%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in East Cocalico Township in April 2024, down by 21.4% month-over-month. Of the 11 sold homes, 0% were sold under asking, 82% were sold at asking, and 18% were sold over asking.
Days on Market for East Cocalico Township, PA
How long does it take to sell a home in East Cocalico Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 16 Days | +63.2% |
Summary: Homes in East Cocalico Township had an average of 16 days on market in Apr 2024, up by 63.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in East Cocalico Township; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.