$7,659 Closing Credit*
$645,000
3,157 SqFt
4 Beds
•3 Full Baths
Robyn Lynn OHara, Listing Office: Keller Williams Real Estate-Doylestown
Is Pottstown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Pottstown has remained a Seller's Market.
Key Takeaway
Pottstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pottstown, PA
How much do homes in Pottstown, PA cost?
Median Sold Price
$310,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$41,666(+15.5%)
Key Takeaway
Homes in Pottstown have sold for 15.5% more than they did a year ago.
Summary: The median home sold price in Pottstown was $310,000 in August 2024, up 15.5% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152.4K | $85K | -44.2% |
| 2 Bedrooms | $196K | $210K | +7.1% |
| 3 Bedrooms | $259.9K | $309K | +18.9% |
| 4 Bedrooms | $320K | $376K | +17.5% |
| 5+ Bedrooms | $341.7K | $415K | +21.4% |
Summary: Pottstown housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.2%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 21.4%.
Median Sold Price Compared To Nearby Cities
| Pottstown | $268.3K | $310K | +15.5% |
| West Pottsgrove Township | $217.5K | $250.5K | +15.2% |
| Upper Pottsgrove Township | $362.9K | $399.9K | +10.2% |
| Pottstown | $290.2K | $310K | +6.8% |
| Lower Pottsgrove Township | $341.2K | $345K | +1.1% |
Housing Supply in Pottstown, PA
How many homes are available in Pottstown, PA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 244 | 269 | +10.2% |
Summary: The Pottstown real estate market had 269 homes for sale in August 2024, a 10.2% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 20 | 18 | -10.0% |
| 3 Bedrooms | 121 | 134 | +10.7% |
| 4 Bedrooms | 84 | 100 | +19.0% |
| 5+ Bedrooms | 19 | 16 | -15.8% |
Summary: The Pottstown housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 54 | 92 | +70.4% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
45 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pottstown, you could pay more than the asking price. 48.9% of homes here sold above asking price last month.
Summary: A total of 92 homes were sold or pending in Pottstown in August 2024, up by 70.4% month-over-month. Of the 92 sold homes, 29% were sold under asking, 22% were sold at asking, and 49% were sold over asking.
Days on Market for Pottstown, PA
How long does it take to sell a home in Pottstown, PA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 14 Days | 16 Days | +19.1% |
Summary: Homes in Pottstown had an average of 16 days on market in Aug 2024, up by 19.1% compared to last year.
Breakdown of Home Sale Times
82 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pottstown are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 92 homes were sold in Pottstown; 89% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
