Is North Coventry Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, North Coventry Township has remained a Seller's Market.
Housing Prices in North Coventry Township, PA
How much do homes in North Coventry Township, PA cost?
Median Sold Price
$436,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Coventry Township was $436,000 in May 2024, up 13.2% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $67.5K | N/A |
2 Bedrooms | $227.4K | $200K | -12.1% |
3 Bedrooms | $335K | $340K | +1.5% |
4 Bedrooms | $567.7K | $493.5K | -13.1% |
5+ Bedrooms | $500K | $521.2K | +4.3% |
Summary: North Coventry Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
West Pottsgrove Township | $215K | $264K | +22.8% |
Pottstown | $271.6K | $310K | +14.1% |
North Coventry Township | $385K | $436K | +13.2% |
East Coventry Township | $372.5K | $400K | +7.4% |
South Coventry Township | $480K | $484.9K | +1.0% |
Housing Supply in North Coventry Township, PA
How many homes are available in North Coventry Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 23 | +27.8% |
Summary: The North Coventry Township real estate market had 23 homes for sale in May 2024, a 27.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The North Coventry Township housing inventory by bedroom type for May 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 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in North Coventry Township in May 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for North Coventry Township, PA
How long does it take to sell a home in North Coventry Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 5 Days | -63.7% |
Summary: Homes in North Coventry Township had an average of 5 days on market in May 2024, down by 63.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in North Coventry 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.