Is East Cocalico Township, 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, East Cocalico Township was a Buyer's Market.
Key Takeaway
East Cocalico Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Cocalico Township, PA
How much do homes in East Cocalico Township, PA cost?
Median Sold Price
$315,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Cocalico Township have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in East Cocalico Township was $315,000 in March 2024, up 9.1% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250.7K | $285K | +13.6% |
| 3 Bedrooms | $275K | $310K | +12.7% |
| 4 Bedrooms | $367.5K | $413K | +12.4% |
| 5+ Bedrooms | $500K | $418.5K | -16.3% |
Summary: East Cocalico Township 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 13.6%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 16.3%.
Median Sold Price Compared To Nearby Cities
| Denver | $276.2K | $313.5K | +13.5% |
| East Cocalico Township | $288.7K | $315K | +9.1% |
| Stevens | $310K | $315.7K | +1.9% |
| Ephrata Township | $320K | $315.4K | -1.4% |
Housing Supply in East Cocalico Township, PA
How many homes are available in East Cocalico Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 44 | 40 | -9.1% |
Summary: The East Cocalico Township real estate market had 40 homes for sale in March 2024, a 9.1% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 30 | 25 | -16.7% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Cocalico Township 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 16.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Cocalico Township, expect to pay close to the asking price. 35.7% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in East Cocalico Township in March 2024, up by 75.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 36% were sold at asking, and 36% were sold over asking.
Days on Market for East Cocalico Township, PA
How long does it take to sell a home in East Cocalico Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 25 Days | 34 Days | +33.3% |
Summary: Homes in East Cocalico Township had an average of 34 days on market in Mar 2024, up by 33.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Cocalico Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in East Cocalico Township; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
