Is East Cocalico Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Cocalico Township is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, East Cocalico Township has remained a Seller's Market.

Key Takeaway

East Cocalico Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in East Cocalico Township, PA cost?

Median Sold Price

$310,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$59,250(+23.6%)

Key Takeaway

Homes in East Cocalico Township have sold for 23.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $230K$219.5K
-4.6%
3 $216K$280K
+29.6%
4 $345.5K$399.9K
+15.8%
5+ $421K$500K
+18.8%

Median Sold Price Compared To Nearby Cities

Stevens
+34.8%
East Cocalico Township
+23.6%
Denver
+18.8%
Ephrata Township
+14.1%
Adamstown
-6.1%

How many homes are available in East Cocalico Township, PA?

Number of Homes For Sale

Sep 2022Oct 2022%
2421-12.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 33
0.0%
3 1413
-7.1%
4 65
-16.7%
5+ 10
-100.0%

Number of Homes Sold

Sep 2022Oct 2022%
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Cocalico Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
10 Days12 Days+19.6%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Cocalico Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About East Cocalico Township, PA

East Cocalico Township, PA has 21 homes on the market. The inventory of homes for sale in East Cocalico Township, PA between September 2022 and October 2022 decreased by 12.5%. In October 2022, listings were on the market for 12 days. During the same period, the median list price in this real estate market was $310,000. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went down by 4.6%, 3 bedrooms properties prices increased by 29.6%, 4 bedrooms properties prices increased by 15.8%, the cost of 5 bedrooms properties went up by 18.8%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes decreased by 7.1%, 4 bedrooms homes inventory decreased by 16.7%, volume of 5 bedrooms homes went down by 100%. Over 2 listings were sold over their listed price in October 2022 in East Cocalico Township, PA. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price.

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