Is Chester Heights, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Chester Heights was a Neutral Market.
Key Takeaway
Chester Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chester Heights, PA
How much do homes in Chester Heights, PA cost?
Median Sold Price
$349,460
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Chester Heights have sold for 6.8% less than they did a year ago.
Summary: The median home sold price in Chester Heights was $349,460 in March 2024, down 6.8% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $230K | N/A |
| 2 Bedrooms | $305K | $320K | +4.9% |
| 3 Bedrooms | $397.5K | $420K | +5.7% |
| 4 Bedrooms | $629.9K | $633.5K | +0.6% |
| 5+ Bedrooms | $1.0M | $650K | -40.2% |
Summary: Chester Heights housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 40.2%.
Median Sold Price Compared To Nearby Cities
| Aston | $320K | $330K | +3.1% |
| Glen Mills | $601K | $615K | +2.3% |
| Aston Township | $330K | $335K | +1.5% |
| Chester Heights | $375K | $349.4K | -6.8% |
| Middletown Township | $420K | $349K | -16.9% |
Housing Supply in Chester Heights, PA
How many homes are available in Chester Heights, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The Chester Heights real estate market had 14 homes for sale in March 2024, a 27.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 2 | 5 | +150.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chester Heights housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
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 Chester Heights, 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 Chester Heights in March 2024, up by 200.0% 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 Chester Heights, PA
How long does it take to sell a home in Chester Heights, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 3 Days | 20 Days | +588.9% |
Summary: Homes in Chester Heights had an average of 20 days on market in Mar 2024, up by 588.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chester Heights are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Chester Heights; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
