Is Pottstown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Pottstown has remained a Seller's Market.
Housing Prices in Pottstown, PA
How much do homes in Pottstown, PA cost?
Median Sold Price
$305,800
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pottstown was $305,800 in April 2024, up 13.3% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $78.7K | +5.0% |
2 Bedrooms | $184.2K | $200K | +8.5% |
3 Bedrooms | $271.7K | $293.5K | +8.0% |
4 Bedrooms | $307.4K | $379.9K | +23.6% |
5+ Bedrooms | $354.2K | $405K | +14.3% |
Summary: Pottstown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 23.6%, and 5+ bedroom homes increased by 14.3%.
Median Sold Price Compared To Nearby Cities
Pottstown | $230K | $306.7K | +33.4% |
North Coventry Township | $370K | $442.5K | +19.6% |
Pottstown | $270K | $305.8K | +13.3% |
East Coventry Township | $395.8K | $400K | +1.0% |
Lower Pottsgrove Township | $350K | $337.5K | -3.6% |
Housing Supply in Pottstown, PA
How many homes are available in Pottstown, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
170 | 180 | +5.9% |
Summary: The Pottstown real estate market had 180 homes for sale in April 2024, a 5.9% 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 | 14 | 14 | 0.0% |
3 Bedrooms | 85 | 83 | -2.4% |
4 Bedrooms | 60 | 68 | +13.3% |
5+ Bedrooms | 10 | 15 | +50.0% |
Summary: The Pottstown 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 2.4%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 45 | -16.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Pottstown in April 2024, down by 16.7% month-over-month. Of the 45 sold homes, 20% were sold under asking, 29% were sold at asking, and 51% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 15 Days | -30.0% |
Summary: Homes in Pottstown had an average of 15 days on market in Apr 2024, down by 30% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in Pottstown; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.