Is Upper Chichester 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, Upper Chichester Township has remained a Seller's Market.
Housing Prices in Upper Chichester Township, PA
How much do homes in Upper Chichester Township, PA cost?
Median Sold Price
$340,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Upper Chichester Township was $340,000 in May 2024, up 11.5% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $265K | +15.2% |
3 Bedrooms | $295K | $325K | +10.2% |
4 Bedrooms | $356K | $395K | +11.0% |
5+ Bedrooms | $370K | $390K | +5.4% |
Summary: Upper Chichester 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 increased by 15.2%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
Lower Chichester Township | $156.7K | $177.5K | +13.2% |
Upper Chichester Township | $305K | $340K | +11.5% |
Aston | $320K | $330K | +3.1% |
Chester Township | $135K | $125K | -7.4% |
Housing Supply in Upper Chichester Township, PA
How many homes are available in Upper Chichester Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
51 | 61 | +19.6% |
Summary: The Upper Chichester Township real estate market had 61 homes for sale in May 2024, a 19.6% 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 | 9 | 9 | 0.0% |
3 Bedrooms | 20 | 31 | +55.0% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Upper Chichester 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 55%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Upper Chichester Township in May 2024, up by 7.1% month-over-month. Of the 15 sold homes, 27% were sold under asking, 53% were sold at asking, and 20% were sold over asking.
Days on Market for Upper Chichester Township, PA
How long does it take to sell a home in Upper Chichester Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 25 Days | +194.9% |
Summary: Homes in Upper Chichester Township had an average of 25 days on market in May 2024, up by 194.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Upper Chichester Township; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.