Is East Vincent 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 Vincent Township was a Seller's Market.
Key Takeaway
East Vincent Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Vincent Township, PA
How much do homes in East Vincent Township, PA cost?
Median Sold Price
$500,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Vincent Township have sold for 13.3% less than they did a year ago.
Summary: The median home sold price in East Vincent Township was $500,000 in March 2024, down 13.3% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $215K | N/A |
| 3 Bedrooms | $364.1K | $405K | +11.2% |
| 4 Bedrooms | $669K | $575K | -14.1% |
| 5+ Bedrooms | $985K | $759.9K | -22.9% |
Summary: East Vincent 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 did not change, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes decreased by 22.9%.
Median Sold Price Compared To Nearby Cities
| West Vincent Township | $705K | $778.5K | +10.4% |
| East Pikeland Township | $401.5K | $440K | +9.6% |
| East Coventry Township | $416.7K | $400K | -4.0% |
| East Vincent Township | $577K | $500K | -13.3% |
Housing Supply in East Vincent Township, PA
How many homes are available in East Vincent Township, PA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Summary: The East Vincent Township real estate market had 16 homes for sale in March 2024, a 5.9% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 1 | -75.0% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The East Vincent 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 75%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Vincent Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in East Vincent Township in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for East Vincent Township, PA
How long does it take to sell a home in East Vincent Township, PA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 2 Days | -93.0% |
Summary: Homes in East Vincent Township had an average of 2 days on market in Mar 2024, down by 93% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Vincent Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in East Vincent Township; 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.
