Is Cochranville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Cochranville was a Seller's Market.
Housing Prices in Cochranville, PA
How much do homes in Cochranville, PA cost?
Median Sold Price
$502,500
$228/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Cochranville was $502,500 in May 2024, up 1.8% from last month, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $502.4K | - | N/A |
3 Bedrooms | $497.5K | $455K | -8.5% |
4 Bedrooms | $425K | $550K | +29.4% |
5+ Bedrooms | - | - | N/A |
Summary: Cochranville housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Londonderry Township | $502.4K | $550K | +9.5% |
Cochranville | $493.7K | $502.5K | +1.8% |
Housing Supply in Cochranville, PA
How many homes are available in Cochranville, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 20 | 0.0% |
Summary: The Cochranville real estate market had 20 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cochranville 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 decreased by 33.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Cochranville in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Cochranville, PA
How long does it take to sell a home in Cochranville, PA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
103 Days | 9 Days | -90.8% |
Summary: Homes in Cochranville had an average of 9 days on market in May 2024, down by 90.8% compared to last month.
Breakdown of Home Sale Times
2 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, 2 homes were sold in Cochranville; 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.