Is Cochranville, 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, Cochranville was a Seller's Market.
Housing Prices in Cochranville, PA
How much do homes in Cochranville, PA cost?
Median Sold Price
$525,450
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cochranville was $525,450 in March 2024, up 20.6% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $571.9K | $508.4K | -11.1% |
3 Bedrooms | $430K | $521.5K | +21.3% |
4 Bedrooms | $435K | $526K | +20.9% |
5+ Bedrooms | $475K | $620K | +30.5% |
Summary: Cochranville 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 decreased by 11.1%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 30.5%.
Median Sold Price Compared To Nearby Cities
Londonderry Township | $427.5K | $526K | +23.0% |
Cochranville | $435.7K | $525.4K | +20.6% |
Housing Supply in Cochranville, PA
How many homes are available in Cochranville, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 23 | -23.3% |
Summary: The Cochranville real estate market had 23 homes for sale in March 2024, a 23.3% decrease 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 | 6 | 6 | 0.0% |
3 Bedrooms | 20 | 16 | -20.0% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Cochranville 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 decreased by 20%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Cochranville in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cochranville, PA
How long does it take to sell a home in Cochranville, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
8 Days | 1 Day | -87.5% |
Summary: Homes in Cochranville had an average of 1 days on market in Mar 2024, down by 87.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Cochranville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.