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 April 2023
At the same time last year, North Coventry Township was a Seller's Market.
Key Takeaway
North Coventry Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in North Coventry Township, PA
How much do homes in North Coventry Township, PA cost?
Median Sold Price
$442,500
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North Coventry Township have sold for 19.6% more than they did a year ago.
Summary: The median home sold price in North Coventry Township was $442,500 in April 2024, up 19.6% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $67.5K | N/A |
| 2 Bedrooms | $227.4K | $200K | -12.1% |
| 3 Bedrooms | $342.5K | $335K | -2.2% |
| 4 Bedrooms | $460K | $503.5K | +9.5% |
| 5+ Bedrooms | $500K | $441.2K | -11.8% |
Summary: North Coventry Township housing prices by bedroom type for April 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 decreased by 2.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Cities
| West Pottsgrove Township | $220K | $266.5K | +21.1% |
| North Coventry Township | $370K | $442.5K | +19.6% |
| Pottstown | $270K | $305.8K | +13.3% |
| East Coventry Township | $395.8K | $400K | +1.0% |
Housing Supply in North Coventry Township, PA
How many homes are available in North Coventry Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +28.6% |
Summary: The North Coventry Township real estate market had 18 homes for sale in April 2024, a 28.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 0 | 4 | +100.0% |
Summary: The North Coventry Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in North Coventry Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in North Coventry Township in April 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 15 Days | +26.5% |
Summary: Homes in North Coventry Township had an average of 15 days on market in Apr 2024, up by 26.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Coventry Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in North Coventry 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.
