Is Valley 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, Valley Township has remained a Seller's Market.
Key Takeaway
Valley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Valley Township, PA
How much do homes in Valley Township, PA cost?
Median Sold Price
$305,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Valley Township have sold for 14% more than they did a year ago.
Summary: The median home sold price in Valley Township was $305,000 in May 2024, up 14% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $356.5K | $330K | -7.4% |
| 3 Bedrooms | $258.5K | $288.5K | +11.6% |
| 4 Bedrooms | $385K | $415K | +7.8% |
| 5+ Bedrooms | $188K | $375K | +99.5% |
Summary: Valley 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 7.4%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 99.5%.
Median Sold Price Compared To Nearby Cities
| South Coatesville | $255K | $302.5K | +18.6% |
| West Caln Township | $366.5K | $420K | +14.6% |
| Valley Township | $267.5K | $305K | +14.0% |
| Coatesville | $306.8K | $337.6K | +10.0% |
| West Brandywine Township | $440K | $432.5K | -1.7% |
Housing Supply in Valley Township, PA
How many homes are available in Valley Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Summary: The Valley Township real estate market had 27 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 | 5 | 8 | +60.0% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Valley 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 increased by 60%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Valley Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Valley Township in May 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Valley Township, PA
How long does it take to sell a home in Valley Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 23 Days | 24 Days | +1.5% |
Summary: Homes in Valley Township had an average of 24 days on market in May 2024, up by 1.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Valley Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Valley Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
